January 6th, 1978
United States Abolishment of Usury Laws. Marquette Nat. Bank of Minneapolis v. First of Omaha Service Corp. (439 U.S. 299), U.S. Supreme Court decision — anti-state usury laws exempted from federal regulation. Citibank moves its headquarters to South Dakota. After ruling, states jump over each other to eliminate usury laws and woo banks to their [...]



