Bar Exam Uniform Quiz
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CIVIL PROCEDURE
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A bank, a citizen of State A, holds funds claimed by two different corporations. Claimant Corporation 1 is a citizen of State B. Claimant Corporation 2 is a citizen of State C. The amount in controversy is $1 million. The bank files a statutory interpleader action against both claimants in federal court in State A.
Which of the following statements is most accurate regarding the court's jurisdiction over this action? Select one.
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