§ 1348. Banking association as party
266 words·~1 min read·
/usc/title-28/section-1348A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The district courts shall have original jurisdiction of any civil action commenced by the United States, or by direction of any officer thereof, against any national banking association, any civil action to wind up the affairs of any such association, and any action by a banking association established in the district for which the court is held, under chapter 2 of Title 12, to enjoin the Comptroller of the Currency, or any receiver acting under his direction, as provided by such chapter.
All national banking associations shall, for the purposes of all other actions by or against them, be deemed citizens of the States in which they are respectively located.
(June 25, 1948, ch. 646, 62 Stat. 933.)
Historical and Revision Notes
Based on title 28, U.S.C., 1940 ed., § 41(16) (Mar. 3, 1911, ch. 231, § 24, par. 16, 36 Stat. 1092).
Words “any civil action” were substituted for “all cases,” in view of Rule 2 of the Federal Rules of Civil Procedure.
Words “real, personal, or mixed, and all suits in equity,” after “all other actions by or against them,” were omitted as superfluous.
Connections2 cite this · traces to 1
Cited by 2 sections
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- June 25, 1948, ch. 646
- 62 Stat. 933
- Mar. 3, 1911, ch. 231, § 24
- 36 Stat. 1092
- 64 Stat. 1280
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cites case law
§ 1348
Banking association as party
Fed. Reg.×1
U.S.C.×1
ActJune 25, 1948, ch. 646
Stat.62 Stat. 933
ActMar. 3, 1911, ch. 231, § 24
Stat.36 Stat. 1092
Stat.64 Stat. 1280
Cites 6Cited by 2 across 2 sources