The Arkansas Banking Department is suing the Comptroller's Office over its use of the controversial "30-mile rule."

In a lawsuit filed Nov. 8 in federal district court, Arkansas Bank Commissioner Bill J. Ford said the OCC broke the law when it allowed Union Planters National Bank, West Memphis, Ark., to relocate its headquarters to Memphis, Tenn., while retaining its Arkansas office as a branch. Arkansas law prohibits interstate branching.

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