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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 28 U.S.C. § 1695 Stockholders derivative action us united_states_code code_section 28 JUDICIARY AND JUDICIAL PROCEDURE 113 PROCESS 1695 28 U.S.C. § 1695 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc28@119-100.zip /us/usc/t28/s1695 data/legal/raw/us/code/title-28/usc28.xml 9ec038e87d18be86431baea9e4fb3b96a83f16565302abc4db81cadea62bb70a 3390f867a2c02f5d0c496269da780795fe19663a090a3040c64a9ee0a541cdcf 9a336c7e59ac1c24f45d4ccffdca06a3c1cc47042e3a0d7455991b419b538cd5 2026-07-04 official
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28 U.S.C. § 1695 - Stockholders derivative action

Text

Process in a stockholders action in behalf of his corporation may be served upon such corporation in any district where it is organized or licensed to do business or is doing business.

(June 25, 1948, ch. 646, 62 Stat. 945.)

Notes

Historical and Revision NotesBased on title 28, U.S.C., 1940 ed., § 112 (Mar. 3, 1911, ch. 231, § 51, 36 Stat. 1101; Sept. 19, 1922, ch. 345, 42 Stat. 849; Mar. 4, 1925, ch. 526, § 1, 43 Stat. 1264; Apr. 16, 1936, ch. 230, 49 Stat. 1213). The phrase “is organized or licensed to do business or is doing business” was substituted for the words “resides or is found,” as more specific and to conform to section 1391 of this title. Venue provisions of section 112 of title 28, U.S.C., 1940 ed., appear in section 1391 and 1401 of this title. Other provisions are incorporated in section 1693 of this title. Changes were made in phraseology.