Consumer's UCL Claim Based on Violation of OCC Disclosure Requirements Not Preempted

Question: Are state law claims against a national bank based on alleged violations of disclosure requirements by the Office of the Comptroller of the Currency preempted by federal law?

Answer: No, according to the Fourth District Court of Appeal in Smith v. Wells Fargo Bank, 06 C.D.O.S. 855 (Jan. 26, 2006).

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