FEDERAL · 28 U.S.C. · Chapter 85

Corporation organized under federal law as party

28 U.S.C. § 1349
Title28Judiciary and Judicial Procedure
Chapter85 — DISTRICT COURTS; JURISDICTION

This text of 28 U.S.C. § 1349 (Corporation organized under federal law as party) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
28 U.S.C. § 1349.

Text

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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Source Credit

History

(June 25, 1948, ch. 646, 62 Stat. 934.)

Editorial Notes

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.

Cite This Page — Counsel Stack

Bluebook (online)
28 U.S.C. § 1349, Counsel Stack Legal Research, https://law.counselstack.com/usc/28/1349.