Sec. 102. CITIZENSHIP OF CORPORATIONS AND INSURANCE COMPANIES WITH FOREIGN CONTACTS

133 words·~1 min read·/statute-compilations/comps-9766/sec-102

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 102 CITIZENSHIP OF CORPORATIONS AND INSURANCE COMPANIES WITH FOREIGN CONTACTS Section 1332(c)(1) of title 28, United States Code, is amended— ####

(1)by striking “any State” and inserting “every State and foreign state”; ####

(2)by striking “the State” and inserting “the State or foreign state”; and ####

(3)by striking all that follows “ party-defendant, ” and inserting > “such insurer shall be deemed a citizen of— > > > ##### “(A) > > every State and foreign state of which the insured is a citizen; > > > ##### “(B) > > every State and foreign state by which the insurer has been incorporated; and > > > ##### “(C) > > the State or foreign state where the insurer has its principal place of business; and” > .