Protection against loss by class members

  1. Law
  2. USC 28
  3. Judiciary And Judicial Procedure
  4. PROCEDURE
  5. CLASS ACTIONS
  6. Protection against loss by class members

Checkout our iOS App for a better way to browser and research.

§1713. Protection against loss by class members

The court may approve a proposed settlement under which any class member is obligated to pay sums to class counsel that would result in a net loss to the class member only if the court makes a written finding that nonmonetary benefits to the class member substantially outweigh the monetary loss.

(Added Pub. L. 109–2, §3(a), Feb. 18, 2005, 119 Stat. 7 .)

Effective Date

Section applicable to any civil action commenced on or after Feb. 18, 2005, see section 9 of Pub. L. 109–2, set out as an Effective Date of 2005 Amendment note under section 1332 of this title.


Download our app to see the most-to-date content.