Title 28, Judiciary and Judicial ProcedureRelease 119-102
§1695 Stockholder’s Derivative Action
Title 28 › PART V — PROCEDURE › CHAPTER 113 — PROCESS › § 1695
Summary
Allows serving lawsuit papers where the company is formed, licensed, or does business.
Full Legal Text
Title 28, §1695
Judiciary and Judicial Procedure, Source: USLM XML via OLRC
Process in a stockholder’s 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.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Based 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.
Reference
Citations & Metadata
Citation
28 U.S.C. § 1695
Title 28, Judiciary and Judicial Procedure
Last Updated
Aug 21, 2026
Release point: 119-102