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United States
federal preemptionsupremacy clause
Franklin National Bank of Franklin Square v. New York
347 U.S. 373 (1954)
Key Principle
A state statute that forbids national banks from using the word 'saving' or 'savings' in their advertising conflicts with, and is preempted by, federal statutes expressly authorizing national banks to receive savings deposits and to exercise incidental powers including advertising that business.
Area of Law
General
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