22 U.S.C. § 290o–5 — Jurisdiction and venue of civil actions by or against Bank

submitted 30 years ago by Pub. L. 104-208 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 79 words · no verdicts yet

in plain englishAI-generated · not legal advice

United States district courts, not state courts, have exclusive power to hear civil lawsuits by or against the Bank. For venue purposes, the Bank counts as living in the district where its main U.S. office or service agent is located.

(a) Jurisdiction: United States district courts are the only courts, and always have the power, to hear a civil lawsuit brought in the United States by the Bank or against the Bank. (b) Venue: To decide which specific district court is the right one under section 1391(b) of title 28, the Bank is treated as if it "lives" in the judicial district where its main U.S. office is located, or where the agent it has appointed to accept legal papers is located.

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

(a) Jurisdiction

The United States district courts shall have original and exclusive jurisdiction of any civil action brought in the United States by or against the Bank.

(b) Venue

For purposes of section 1391(b) of title 28, the Bank shall be deemed to be a resident of the judicial district in which the principal office of the Bank in the United States, or its agent appointed for the purpose of accepting service or notice of service, is located.

Source credit: (Pub. L. 104–208, div. A, title I, § 101(c) [title VII, § 707], Sept. 30, 1996, 110 Stat. 3009–121, 3009–180.)

history & why it existsrecord from the source credit

1996Enacted · Pub. L. 104-208 · 110 Stat. 3009

A history note hasn’t been published yet. The record shows enactment by Pub. L. 104-208 on 1996-09-30.

all 0 arguments · sorted by: best

no arguments yet — make the first case