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occupy the field |
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occupy the field v. to preempt (monopolize) an area of statutory law by a higher authority, such as Federal preemption of bankruptcy or inter-state commerce over state legislation, and state statutes or state constitution prevailing over laws of cities and counties on certain topics. (See: preemption) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Although the OCC indicated that it believes it has the authority to occupy the field with regard to the real estate lending activities of National Banks, it has declined to exercise this authority. |
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