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What is the significance of the case ORDER OF UNITED COMMERCIAL TRAVELERS OF AMERICA v. WOLFE

The significance of the case Order of United Commercial Travelers of America v. Wolfe is that it dealt with the issue of whether a state court could give full faith and credit to the laws of another state regarding the internal affairs of a corporation. The case involved a fraternal benefit society, the Order of United Commercial Travelers of America, which was incorporated in Ohio and had a member in South Dakota. The society was regulated by the laws of Ohio, and the question arose as to whether the laws of South Dakota, which had different provisions regarding the internal affairs of corporations, could be applied to the society. The Supreme Court held that the Full Faith and Credit Clause of the US Constitution required that the laws of Ohio be given full faith and credit in the courts of South Dakota, and that the laws of South Dakota could not be applied to the society. This decision established the principle that the internal affairs of a corporation are governed by the laws of the state of incorporation, and that other states must give full faith and credit to those laws.

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