UNITED STATES NAT. BANK OF ORE. v. INDEPENDENT INSURANCE AGENTS OF AMERICA, INC.

No. 92-484.

508 U.S. 439 (1993)

UNITED STATES NATIONAL BANK OF OREGON v. INDEPENDENT INSURANCE AGENTS OF AMERICA, INC., et al.

United States Supreme Court.

Decided June 7, 1993.


Attorney(s) appearing for the Case

Christopher J. Wright argued the cause for petitioners in both cases and filed a brief for petitioners in No. 92-507. With him on the brief were Acting Solicitor General Bryson, Assistant Attorney General Gerson, Deputy Solicitor General Wallace, Robert V. Zener, Jacob M. Lewis, William P. Bowden, Jr., Ernest C. Barrett III, and Lester N. Scall. Kenneth L. Bachman, Jr., and Michael R. Lazerwitz filed briefs for petitioner in No. 92-484.

Ann M. Kappler argued the cause for respondents in both cases. With her on the brief were Donald B. Verrilli, Jr., and Nory Miller.

Souter, J., delivered the opinion for a unanimous Court.


Justice Souter, delivered the opinion of the Court.

The Comptroller of the Currency recently relied on a statutory provision enacted in 1916 to permit national banks located in small communities to sell insurance to customers outside those communities. These cases present the unlikely question whether Congress repealed that provision in 1918. We hold that no repeal occurred.

I

Almost 80 years ago, Congress authorized any national bank "doing business...

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