22 U.S.C. § 286g — Jurisdiction and venue of actions

submitted 81 years ago by ch. 339 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 181 words · no verdicts yet

in plain englishAI-generated · not legal advice

Lawsuits by or against the IMF or World Bank in the United States count as arising under U.S. law. The Fund or Bank is treated as living in the federal district where its main U.S. office is. Federal district courts have original jurisdiction over these cases, and either institution can move a state-court case to federal court.

This section covers lawsuits filed in the United States by or against the IMF ("the Fund") or the World Bank ("the Bank"), under their Articles of Agreement. For these lawsuits, the Fund or the Bank is treated as living ("an inhabitant") in the federal judicial district where its main U.S. office is located. Any such lawsuit — whether at law or in equity — is treated as arising under U.S. federal law. Because of that, U.S. district courts have original jurisdiction, meaning they can hear the case from the start. If the Fund or the Bank is sued in a state court, it can remove the case to the matching federal district court at any point before trial, following the normal legal process for removing cases.

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

For the purpose of any action which may be brought within the United States or its Territories or possessions by or against the Fund or the Bank in accordance with the Articles of Agreement of the Fund or the Articles of Agreement of the Bank, the Fund or the Bank, as the case may be, 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 either the Fund or 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 either the Fund or 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: (July 31, 1945, ch. 339, § 10, 59 Stat. 516.)

history & why it existsrecord from the source credit

1945Enacted · Act of July 31, 1945, ch. 339 · 59 Stat. 516

A history note hasn’t been published yet. The record shows enactment by ch. 339 on 1945-07-31.

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