Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Banks (1)
- Borrowers (1)
- Consumer credit (1)
- Consumer loans (1)
- Credit (1)
-
- Credit cards (1)
- Creditors (1)
- Debtors (1)
- Foreign corporations (1)
- History (1)
- Interest rates (1)
- Loans (1)
- Low income individuals (1)
- Marquette National Bank v. First of Omaha Service Corp. (1)
- Minnesota (1)
- National Bank Act of 1963 (1)
- Pawn shops (1)
- Pawnbrokers (1)
- South Carolina (1)
- Tax (1)
- United States Supreme Court (1)
- Usury laws (1)
Articles 1 - 2 of 2
Full-Text Articles in Law
United States -- Tax Treatment For "Foreign Sales Corporations" Wto Doc. Wt/Ds108/Ab/R, Stanley I. Langbein
United States -- Tax Treatment For "Foreign Sales Corporations" Wto Doc. Wt/Ds108/Ab/R, Stanley I. Langbein
Articles
No abstract provided.
The Usury Trompe L'Oeil, James J. White
The Usury Trompe L'Oeil, James J. White
Articles
This Article demonstrates how the interaction of a federal statute passed in 1864,1 a case decided by the Supreme Court in 1978,2 and modem technology has legally debarred every state legislature from controlling consumer interest rates in its state-but not from passing laws that appear to do so-and has politically debarred the Congress from setting federal rates to replace the state rates. As a consequence, the elaborate usury laws on the books of most states are only a trompe l'oeil, a "visual deception... rendered in extremely fine detail ... ." The presence of these finely detailed laws gives the illusion …