Any civil action by a stockholder on behalf of his corporation may be prosecuted in any judicial district where the corporation might have sued the same defendants.
June 25, 1948, ch. 646 62 Stat. 936 (, .)
Historical and Revision Notes
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 Based on title 28, U.S.C., 1940 ed., § 112 (part) (, ; , ; , ; , ).
section 112 of title 28section 1391 of this titleFor disposition of other provisions of , U.S.C., 1940 ed., see reviser’s note under .
Words “civil action” were substituted for “suit,” in view of Rule 2 of the Federal Rules of Civil Procedure.
Words “other than said corporation,” after “same defendants,” were omitted as superfluous. Obviously a corporation would not be suing itself.
Changes were made in phraseology.