2-52 The primary objective of the Reigle-Neal Act was to ease branching across state lines by banks.

Question

Quizplus · Accepted Answer

The Reigle-Neal Act, also known as the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, was enacted to ease restrictions on interstate banking and branch growth by banks, including the ability to acquire banks and branches across state lines. Therefore, the primary objective of the act was to ease branching across state lines by banks.

2-52 the Primary Objective of the Reigle-Neal Act Was to Ease