Title 12Banks and BankingRelease 119-73

§2258 Jurisdiction

Title 12 › Chapter CHAPTER 23— - FARM CREDIT SYSTEM › Subchapter SUBCHAPTER V— - FARM CREDIT ADMINISTRATION ORGANIZATION › Part Part B— - Farm Credit Administration Organization › § 2258

Last updated Apr 6, 2026|Official source

Full Legal Text

Title 12, §2258

Banks and Banking — Source: USLM XML via OLRC

Each institution of the System shall for the purposes of jurisdiction be deemed to be a citizen of the State, commonwealth, or District of Columbia in which its principal office is located.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 5.23 of Pub. L. 92–181 was renumbered section 5.22 and is classified to section 2257 of this title.

Amendments

1975—Pub. L. 94–184 struck out provisions prohibiting district court jurisdiction on the basis of incorporation under this Act or prior Federal law, and prohibiting jurisdiction except in cases by or against the United States or one of its officers, or against a person over whom State courts have no jurisdiction and except in cases by or against a receiver or conservator appointed under this chapter.

Reference

Citations & Metadata

Citation

12 U.S.C. § 2258

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73