Federal Deposit Insurance Corporation March 21, 2005 – Federal Register Recent Federal Regulation Documents

Petition for Rulemaking to Preempt Certain State Laws
Document Number: 05-5499
Type: Proposed Rule
Date: 2005-03-21
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions
This document announces a public hearing on a petition for rulemaking (``Petition'') that would preempt certain state laws. Generally, the Petition asks the FDIC to issue a rule that preempts the application of certain state laws to the interstate operations and activities of state banks. The stated purpose of the requested rulemaking is to establish parity between state-chartered banks and national banks in interstate activities and operations. A copy of the Petition is attached to this document. The FDIC has scheduled a hearing to obtain the public's views on the issues presented by the Petition. This document sets forth the date, time, location, and other details of the hearing; it also summarizes the Petition and highlights several issues that participants in the hearing may wish to address. Opportunities to make an oral presentation at the hearing are limited, and not all requests may be granted. Attendance at the hearing is not required in order to submit a written statement.
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