For purposes of diversity jurisdiction,a corporation is a citizen of the state of incorporation and also a citizen of __________.

Question

Quizplus · Accepted Answer

The fact that business corporations, which are considered persons before the law, are frequently incorporated in one state and have their principal place of business in another state causes problems in determining when diversity of citizenship exists. For purposes of diversity jurisdiction, a corporation is a citizen of the state of incorporation and also a citizen of the state in which it has its principal place of business.

For Purposes of Diversity Jurisdiction,a Corporation Is a Citizen of the State