WASHINGTON -- The Supreme Court yesterday agreed to review a case that could undermine the authority of the Office of the Comptroller of the Currency to allow national banks to offer municipal bond insurance and other products deemed "incidental" to banking.

At issue in the dispute is whether Section 92 of federal banking law, which authorizes national banks located in towns of 5,000 or fewer residents to act as an agent for insurance companies, was repealed by Congress in 1918.

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