In the case of Bank of Jasper v. First National Bank of Rome, Georgia in 1921, the U.S Supreme Court was tasked with determining whether a national bank could be sued in any county where it had established branches. The dispute arose when the First National Bank of Rome filed suit against the Bank of Jasper in Floyd County - a location where neither bank had its principal place of business but where First National operated a branch. The lower court ruled that under federal law, national banks could only be sued in counties where they were established by their articles of association or amendments thereto (i.e., their "home" counties). However, on appeal to the Supreme Court, this decision was reversed. The justices held that for purposes related to suing and being sued, each branch should be treated as an independent entity located within its respective county. Therefore, according to this ruling from 1921's case between these two banks; if a national bank has set up branches across various locations/counties then it can indeed face lawsuits there too.

The dissenting opinion in the case of Bank of Jasper v. First National Bank of Rome, Georgia argued that the majority's decision was inconsistent with previous rulings and failed to properly interpret Alabama state law. The dissent contended that under Alabama law, a check is not considered an assignment of funds until it has been accepted by the bank on which it is drawn. Therefore, since there was no evidence showing acceptance by the drawee bank before its insolvency, there should be no liability for non-payment on part of this bank. They also disagreed with majority’s view about checks being equivalent to cash or currency; emphasizing instead their nature as conditional credits subject to many contingencies including fraud or mistake among others. Furthermore, they pointed out that even if one were to consider a check as an assignment from drawer’s account balance in favor of payee upon issuance itself (which they didn’t agree), such claim would still rank pari passu with other unsecured creditors’ claims against insolvent banks according to established principles governing distribution amongst creditors.