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Administrative Law Keyed to Lawson
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Association of Data Processing Service Organizations, Inc. v. Camp
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Section:4 of the Bank Service Corporation Act of 1962 (Act) provides: “No bank service corporation may engage in any activity other than performance of bank services for banks.” A prior case by the Court of Appeals for the First Circuit interpreted Section:4 broadly as sufficient statutory aid to provide standing for another data processing company to contest the legality of a national bank performing data processing services.
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