The Dodd-Frank Act Will Open All States To Interstate De Novo Branching

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One section, covering half a page in the 2,300 page Conference Committee Report for the Dodd-Frank Wall Street Reform and Consumer Protection Act, will remove the key political compromise of the 1994 Riegle-Neal Interstate Banking and Branching Efficiency Act. Section 613 will allow national or state banks from any state to branch into any other state as if they were chartered in that state.

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