Word: prohibition
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Dates: during 1980-1989
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...lifted. Said he: "To me, this episode is evidence that we must proceed with deregulation." Isaac blamed the bank's troubles partly on a web of entangling state and federal laws. Continental is unable to open offices to seek consumer deposits outside Chicago, for example, because Illinois statutes prohibit branch banking. That has helped make Charts Continental dependent on large foreign customers, who are apt to withdraw their money at the first sign of trouble...
Citystep dancers are circumventing the regular academic rules which prohibit student performances during exam period...
After an eleven-year fight with the funeral industry that dragged through Congress and the courts, the Federal Trade Commission put into effect regulations that require undertakers to give customers detailed price information, even over the telephone. The new rules also prohibit morticians from misleading people into thinking that some services, like embalming, are always required...
...legal answer to whether the U.S. could, in effect, launder military equipment through Israel is no. The Foreign Military Sales Act of 1968 and the Foreign Assistance Act of 1961 both prohibit the transfer of arms and materiel from the recipient to a third country unless the President consents and Congress is notified. In reality, nothing could stop Israel from reaching an informal agreement with Administration officials to supplement aid to El Salvador and the contras. The Israelis also could increase arms shipments without consulting Washington, knowing full well that such a move would be welcomed by the White House...
...without effective limit in libel may violate the First Amendment." The concern is more than theoretical: a libel suit against the Alton Telegraph (circ. 137,000) in Illinois forced ? the 148-year-old newspaper into bankruptcy court in 1981 and nearly resulted in its closing. Some two dozen states prohibit publications from buying insurance against punitive damages. Explains Conference Chairman Richard Winfield, a New York City attorney: "These states take the position that it violates public policy to allow a wrongdoer to escape punishment...