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Rouse v Wachovia Mortgage: 9th Circuit rules a National Bank is a Citizen only of the State where its Main Office is Located

March 30, 2014 //  by Bill Webb

  Under 28 U.S.C. § 1348, national banking associations are “citizens of the States in which they are respectively located.” Id. But the term “located” is not defined in the statute or elsewhere. Split in the Circuits The Circuits have split as to the meaning of the term “located.”  Prior to the Rouse v Wachovia Mortgage case, …

Rouse v Wachovia Mortgage: 9th Circuit rules a National Bank is a Citizen only of the State where its Main Office is LocatedRead More

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