Spggc, LLC Metabank U.S. Bank, N.A. v. Kelly A. Ayotte, New Hampshire Attorney General

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• recognizing that the HOLA and the OTS permit federal savings associations to delegate their banking power to third-party agents
• concluding that the NBA preempted New Hampshire law preventing national banks from selling gift cards that carry expiration dates and administrative fees
• recognizing that the HOLA and the OTS permit federal savings associations to delegate their banking power to third-party agents
• holding that New Hampshire gift card regulations are preempted where U.S. Bank, the national bank that issued the cards, had “sole control” over their terms and conditions and was “solely responsible for compliance” with such terms
• holding that New Hampshire gift card regulations are preempted where U.S. Bank, the national bank that issued the cards, had “sole control” over their terms and conditions and was “solely responsible for compliance” with such terms
• holding that RSA 358-A:2, XIII is preempted, in part, by federal law

Source: CourtListener parenthetical corpus (CC0).