California Bankers Assn. v. Shultz

California Bankers Assn. v. Shultz
Supreme Court of the United States
Argued January 16, 1974 Decided April 1, 1974
Full case name	California Bankers Assn. v. Shultz
Citations	416 U.S. 21 (more) 94 S. Ct. 1494; 39 L. Ed. 2d 812
Case history
Prior	Stark v. Connally, 347 F. Supp. 1242 (N.D. Cal. 1972); probable jurisdiction noted, 414 U.S. 816 (1973).
Holding
The record-keeping and reporting requirements of Bank Secrecy Act do not violate the First, Fourth, and Fifth Amendments of the US Constitution.
Court membership
Chief Justice Warren E. Burger Associate Justices William O. Douglas · William J. Brennan Jr. Potter Stewart · Byron White Thurgood Marshall · Harry Blackmun Lewis F. Powell Jr. · William Rehnquist
Case opinions
Majority	Rehnquist, joined by Burger, Stewart, White, Blackmun, Powell
Concurrence	Powell, joined by Blackmun
Dissent	Douglas, joined by Brennan (parts I and II-A only)
Dissent	Brennan
Dissent	Marshall
Laws applied
Bank Secrecy Act

California Bankers Assn. v. Shultz, 416 U.S. 21 (1974), was a U.S. Supreme Court case in which the Court held that the Bank Secrecy Act, passed by Congress in 1970 requiring banks to record all transactions and report certain domestic and foreign transactions of high-dollar amounts to the United States Treasury, did not violate the First, Fourth, and Fifth Amendments of the U.S. Constitution.^[1]