22 U.S.C. § 283f — Jurisdiction and venue of actions

submitted 67 years ago by Pub. L. 86-147 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 154 words · no verdicts yet

in plain englishAI-generated · not legal advice

Lawsuits against the Bank in the U.S. count as arising under U.S. law. The Bank is treated as living in the federal district where its main U.S. office sits, and federal courts can hear these cases. If sued in state court, the Bank can move the case to federal court.

For any lawsuit brought by or against the Bank within the United States, its territories or possessions, or the Commonwealth of Puerto Rico, under the agreement, the law treats the Bank as if it were an inhabitant of the federal judicial district where its main U.S. office is located. Any such lawsuit — whether it is a legal claim or an equitable one — is treated as arising under U.S. law, and the U.S. district courts have original jurisdiction to hear it. If the Bank is sued as a defendant in a state court, it may, at any time before trial, remove the case to the U.S. district court for the proper district, following the usual legal procedure for removing cases from state to federal court.

the actual law source: uscode.house.gov ↗public domain

For the purpose of any action which may be brought within the United States, its Territories or possessions, or the Commonwealth of Puerto Rico by or against the Bank in accordance with the agreement, the Bank shall be deemed to be an inhabitant of the Federal judicial district in which its principal office in the United States is located, and any such action at law or in equity to which the Bank shall be a party shall be deemed to arise under the laws of the United States, and the district courts of the United States shall have original jurisdiction of any such action. When the Bank is a defendant in any such action, it may, at any time before the trial thereof, remove such action from a State court into the district court of the United States for the proper district by following the procedure for removal of causes otherwise provided by law.

Source credit: (Pub. L. 86–147, § 8, Aug. 7, 1959, 73 Stat. 300.)

history & why it existsrecord from the source credit

1959Enacted · Pub. L. 86-147 · 73 Stat. 300

A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-147 on 1959-08-07.

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