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Paul v. Virginia
Paul v. Virginia
, , is a
US corporate law
case, of the
United States Supreme Court
. It held that a corporation is not a citizen within the meaning of the
Privileges and Immunities Clause
. Of greater consequence, the Court further held that "issuing a
policy of insurance
is not a transaction of commerce," effectively removing the business of insurance beyond the
United States Congress
's legislative reach.
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