National Association of Casualty and Surety Agents v. Board of Governors of Federal Reserve System Mnc National Association of Professional Insurance Agents’s Empirical Analysis
1988
Citation profile
3 federal appellate · 2 state decisions
How this case has been cited
Cited by 12 later decisions — most recently August 2001
3 federal appellate · 2 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc. · Udall v. Tallman · Mart Corporation v. Cartier Inc 47th Street Photo Inc · Federal Election Commission v. Democratic Senatorial Campaign Committee · Burlington Northern Railroad v. Oklahoma Tax Commission
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 12 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“The Board thought that both the legislative history and the terms of the statute itself suggested a congressional intent that Exemption D privileges be identified with the precise entity that originally qualified for them. The Board quoted the Senate Committee Report which states that “[t]he authority to engage in activities under [Exemption D] only extends to the entity, be that the Holding Company itself or a subsidiary or subsidiaries thereof, which qualifies for the grandfathered activities status.” Id. (quoting S.REP. NO. 536, 97th Cong., 2d Sess. 40 (1982) U.S.Code Cong. & Admin.News pp. 3054, 3094). Thus, if a bank holding company owned three banks, only one of which qualified under Exemption D to sell insurance, the other two banks, or any other subsidiaries or affiliates of the bank holding company, could not sell insurance, because “exemption D rights attach- [only] to the entity actually conducting the activity on the grandfather date.” Id. The Board concluded from the circumscribed nature , of Exemption D rights that “the intent of the statute is that the grandfathered subsidiary continues to be able to engage in the activity, even if acquired by another bank holding company so long as the subsidiary complies with the geographic and functional limitations proscribed [sic] in exemption D.” Id.”
1 later decision quote this exact passage · from the majority“neither Exemption G nor section 4(a)(2) contain any limitations on expansion into new geographic markets or into different lines of insurance....”
1 later decision quote this exact passage · from the majority“[g]randfather rights are always in tension with the legislative rule to which they are an exception.”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.