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Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

DIVERSITY OF CITIZENSHIP

the circumstances that grants to federal courts original jurisdiction over cases and controversies between citizens of different states or between a citizen of a state and an alien, subject to a minimum jurisdictional amount (the value in controversy) of $75,000.
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Source: Barron's Dictionary of Legal Terms, Steven H. Gifis, 5th Edition; ©
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