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2016 US Code
Title 28 - Judiciary and Judicial Procedure
Part IV - Jurisdiction and Venue
Chapter 85 - District Courts; Jurisdiction
Sec. 1349 - Corporation organized under federal law as party
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| 28 U.S.C. § 1349 (2016) |
| §1349. Corporation organized under federal law as party |
|
The district courts shall not have jurisdiction of any civil action by or against any corporation upon the ground that it was incorporated by or under an Act of Congress, unless the United States is the owner of more than one-half of its capital stock. |
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(June 25, 1948, ch. 646, 62 Stat. 934.) |
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HISTORICAL AND REVISION NOTES
Based on title 28, U.S.C., 1940 ed., §42 (Feb. 13, 1925, ch. 229, §12, 43 Stat. 941). Words "civil action" were substituted for "action or suit," in view of Rule 2 of the Federal Rules of Civil Procedure. Minor changes were made in phraseology. |
| United States Code, 2012 Edition, Supplement 4, Title 28 - JUDICIARY AND JUDICIAL PROCEDURE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 28 - JUDICIARY AND JUDICIAL PROCEDURE PART IV - JURISDICTION AND VENUE CHAPTER 85 - DISTRICT COURTS; JURISDICTION Sec. 1349 - Corporation organized under federal law as party |
| section 1349 |
| 2016 |
| January 6, 2017 |
| Yes |
| standard |
| 43 Stat. 941 62 Stat. 934 |
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