28 U.S.C. § 1713
Protection against loss by class members
- Code
- United States Code
- Title
- 28
- Section
- 1713
- Text current through
- Pub. L. 119-111
What does the statute say?
§ 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.
The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.