A court ruling against a two-year-old Connecticut restriction on tax refund anticipation loans may set a precedent for banks making these loans elsewhere.

Connecticut had tried to get around the national bank exemption from state consumer protection laws by going after the tax preparers instead of the banks. But the U.S. Court of Appeals for the Second Circuit said in a ruling last month that because tax preparation companies work on behalf of the banks, the preparers and the lenders can ignore the law.

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