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15 U.S.C. § 146a — Jurisdiction of suits by or against China Trade Act corporation

submitted 104 years ago by ch. 346 to r/title-15-COMMERCE-AND-TRADE · 74 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law gives federal district courts exclusive original jurisdiction over lawsuits involving a China Trade Act corporation, or its stockholders, directors, or officers acting in that role. A suit against the corporation can be filed in the District of Columbia or in any federal district where the corporation has an agent and does business.

This section covers lawsuits involving a China Trade Act corporation, or one of its stockholders, directors, or officers acting in that capacity. Federal district courts have "exclusive original jurisdiction" over all such suits, meaning these courts, and no other courts, are the ones that first hear these cases. A suit against the corporation itself may be brought in the United States District Court for the District of Columbia. It may also be brought in the federal district court for any district where the corporation has an agent and is actively doing business.
the actual law source: uscode.house.gov ↗public domain

The Federal district courts shall have exclusive original jurisdiction of all suits to which a China Trade Act corporation, or a stockholder, director, or officer thereof in his capacity as such, is a party. Suit against the corporation may be brought in the United States District Court for the District of Columbia or in the Federal district court for any district in which the corporation has an agent and is engaged in doing business.

Source credit: (Sept. 19, 1922, ch. 346, § 20(a), formerly § 20, 42 Stat. 855; renumbered § 20(a), Feb. 26, 1925, ch. 345, § 10, 43 Stat. 996; June 25, 1936, ch. 804, 49 Stat. 1921; Treaty of Jan. 11, 1943, 57 Stat. 767; June 25, 1948, ch. 646, § 32(a), 62 Stat. 991; May 24, 1949, ch. 139, § 127, 63 Stat. 107.)

history & why it existsrecord from the source credit
  • 1922Enacted · Act of Sept. 19, 1922, ch. 346 · 42 Stat. 855
  • 1925Amended · Act of Feb. 26, 1925, ch. 345 · 43 Stat. 996
  • 1936Amended · Act of June 25, 1936, ch. 804 · 49 Stat. 1921
  • 1948Amended · Act of June 25, 1948, ch. 646 · 62 Stat. 991
  • 1949Amended · Act of May 24, 1949, ch. 139 · 63 Stat. 107

A history note hasn’t been published yet. The record shows enactment by ch. 346 on 1922-09-19.

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