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CONFERENCE OF STATE BANK SUP'RS v. LORD

Civ. A. No. 81-1591.

532 F.Supp. 694 (1982)

CONFERENCE OF STATE BANK SUPERVISORS, Plaintiff, v. Charles E. LORD, Defendant.

United States District Court, District of Columbia.

February 11, 1982.

Attorney(s) appearing for the Case

James F. Bell, James R. Johnson, Arthur E. Wilmarth, Jr., John A. Buchman, Washington, D. C., for plaintiff.

Dina R. Lassow, Dept. of Justice, Washington, D. C., for defendant.

MEMORANDUM

GESELL, District Judge.

This is a civil action for a declaratory judgment that regulations promulgated by the Comptroller of the Currency establishing the terms on which national banks may offer or purchase adjustable-rate-mortgages, 46 Fed.Reg. 18932 (1981) (to be codified in 12 CFR Part 29), are invalid to the extent they purport to preempt inconsistent state laws. The matter is before the Court on defendant's motion to dismiss or for summary...

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