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15 U.S.C. § 160 — Maintenance of agent for service

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 160 — Maintenance of agent for service

Every China Trade Act corporation shall maintain in the District of Columbia a person as its accredited agent, upon whom legal process may be served, in any suit to be brought in the United States District Court for the District of Columbia, and who is authorized to enter an appearance in its behalf. In the event of the death or inability to serve, or the resignation or removal, of such person, such corporation shall, within such time as the Secretary by regulation prescribes, appoint a successor. Such corporation shall file with the Secretary a certified copy of each power of attorney appointing a person under this section, and a certified copy of the written consent of each person so appointed.

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Stable record: federal_law:legal_authorities:record_usc_2ee86811837e0477f0ba323e
Source file: Laws/federal/codes/united-states-code/title-15/section-160-maintenance-of-agent-for-service--a7c482e44b.md
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Passage SHA-256: f8498ee0c4e605665d90eec8d82c01515868d5008c44b067444cc847d77017a5

Source location: Title 15, Chapter 4, § 160; chapter-004-china-trade.md

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Every China Trade Act corporation shall maintain in the District of Columbia a person as its accredited agent, upon whom legal process may be served, in any suit to be brought in the United States District Court for the District of Columbia, and who is authorized to enter an appearance in its behalf. In the event of the death or inability to serve, or the resignation or removal, of such person, such corporation shall, within such time as the Secretary by regulation prescribes, appoint a successor. Such corporation shall file with the Secretary a certified copy of each power of attorney appointing a person under this section, and a certified copy of the written consent of each person so appointed.

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 146a — Jurisdiction of suits by or against China Trade Act corporation

The Federal district courts shall have exclusive original jurisdiction of all suits to which a China Trade Act corporation, or a stockholder, director, or officer thereof in his capacity as such, is a party. Suit against the corporation may be brought in the United States District Court for the District of Columbia or in the Federal district court for any district in which the corporation has an agent and is engaged in doing business.

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 160 — Maintenance of agent for service

Page 626 TITLE 15—COMMERCE AND TRADE § 156 Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1970 AMENDMENT Amendment by Pub. L. 91–452 effective on sixtieth day following Oct. 15, 1970, see section 260 of Pub. L. 91–452, set out as an Effective Date; Savings Provision note under section 6001 of Title 18, Crimes and Criminal Procedure. SAVINGS PROVISION Amendment by Pub. L. 91–452 not to affect any immu- nity to which any individual is entitled under this sec- tion by reason of any testimony given before the six- tieth day following Oct. 15, 1970, see section 260 of Pub. L. 91–452, set out as an Effective Date; Savings Provi- sion note under section 6001 of Title 18, Crimes and Criminal Procedure. § 156. Dissolution of corporation; trustees In case of the voluntary dissolution of a China Trade Act corporation or revocation of its cer- tificate of incorporation, the directors of the corporation shall be trustees for the creditors and stockholders of the corporation; except that upon application to the United States Court for China by any interested party, or upon the mo- tion of any court of competent jurisdiction in any proceeding pending before it, the court may in its discretion appoint as the trustees such persons, other than the directors, as it may de- termine. The trustees are invested with the pow- ers, and shall do all acts, necessary to wind up the affairs of the corporation and divide among the stockholders according to their respective interests the property of the corporation re- maining after all obligations against it have been settled. For the purposes of this section the trustees may sue and be sued in the name of the corporation and shall be jointly and severally liable to the stockholders and creditors of the corpor

Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 160

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