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22 U.S.C. § 290i–7Jurisdiction of United States courts

submitted 45 years ago by Pub. L. 97-35 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 172 words · no verdicts yet

in plain englishAI-generated · not legal advice

Lawsuits involving the Bank count as arising under U.S. law. Federal courts have original jurisdiction, and the Bank can move a state-court case into federal court.

This section covers civil lawsuits brought by or against the Bank inside the United States, its territories, or Puerto Rico, under the terms of the Bank's founding agreement. For these lawsuits, the Bank is treated as living in whichever federal judicial district holds its main U.S. office, or the office of the agent it appointed to receive legal papers. Any such lawsuit counts as arising under U.S. law. This means federal district courts — including the special courts listed in section 460 of title 28 — get to hear these cases first, as "original jurisdiction." If someone sues the Bank in a state court instead, the Bank can move the case into the right federal district court any time before trial, using the removal process in section 1446 of title 28.
the actual law source: uscode.house.gov ↗public domain

For the purposes of any civil 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 within the United States or its agent appointed for the purpose of accepting service or notice of service is located, and any such action 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, including the courts enumerated in section 460 of title 28, shall have original jurisdiction of any such action. When the Bank is defendant in any action in a State court, it may at any time before the trial thereof remove the action into the appropriate district court of the United States by following the procedure for removal provided in section 1446 of title 28.

Source credit: (Pub. L. 97–35, title XIII, § 1339, Aug. 13, 1981, 95 Stat. 742.)

history & why it existsrecord from the source credit
  • 1981Enacted · Pub. L. 97-35 · 95 Stat. 742

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-35 on 1981-08-13.

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