...are considered. Under 12 USC, section 36(c) a national bank may establish and operate a branch only "if such establishment and operation are at the time authorized to State banks by the statute laws of the State in question by language specifically granting such authority affirmatively and not...

...are considered. Under 12 USC section 36(c) a national bank may establish and operate a branch only "if such establishment and operation are at the time authorized to State banks by the statute laws of the State in question 6y language specifically granting xuch authority affirmatively and not...

...they are pre-1927 branches (and none of those are involved here) or where such authority is granted to State banks "by the statute law of the State in...affirmatively and not merely by implication or recognition." Michigan National here urges a strained construction of section 114 and bases its entire claim upon...

...are considered. Under 12 USC section 36(c) a national bank may establish and operate a branch only "if such establishment and operation are at the time authorized to State banks by the statute laws of the State in question by language specifically granting such authority affirmatively and not...

...in which said associas situated, if such establishment and operation are at the time authorized ite banks by the statute law of the State in question by language specifically ing such authority affirmatively and not merely by implication or recognition ubject to the restrictions...

...rights accorded State banks. According to the Federal law, these rights must be granted, and I quote, "by language specifically granting such authority affirmatively and not merely by implication and recognition." The Federal Reserve Board has argued that the Michigan Financial Institutions Act...

...are considered. Under 12 USC section 36(c) a national bank may establish and operate a branch only 'if such establishment and operation are at the time authorized to State banks by the statute laws of the State in question by language specifically granting sueh authority affirmatively and not...

...rights accorded State banks. According to the Federal law, these rights must be granted, and I quote, "by language specifically granting such authority affirmatively and not merely by implication and recognition." The Federal Reserve Board has argued that the Michigan Financial Institutions Act...

...operate new branches : (1) ... (2) at any point within the state in which said association is situated, if such establishment and operation are at the time...banks by the statute law of the state In question . . . Likewise, branching of Federal Savings and Loan Associations should be restricted to the same...

...permits the approval of any national bank branches at any point in the state in which they are situated if such establishment and operation are at the time authorized to state banks by the statute of that state in question. Thus. Kentucky has a situation where the Federal Home Loan Bank Board permits...