28 U.S.C. § 1713

§1713. Protection against loss by class members

Edition 2024

U.S.C. Title 28 - JUDICIARY AND JUDICIAL PROCEDURE
28 U.S.C.

United States Code, 2024 Edition

Title 28 - JUDICIARY AND JUDICIAL PROCEDURE

PART V - PROCEDURE

CHAPTER 114 - CLASS ACTIONS

Sec. 1713 - Protection against loss by class members

From the U.S. Government Publishing Office, www.gpo.gov

§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.)

Statutory Notes and Related Subsidiaries

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.

Official source