15 U.S.C. § 15e

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 15e - Distribution of damages

Monetary relief recovered in an action under section 15c(a)(1) of this title shall-

(1) be distributed in such manner as the district court in its discretion may authorize; or

(2) be deemed a civil penalty by the court and deposited with the State as general revenues;

subject in either case to the requirement that any distribution procedure adopted afford each person a reasonable opportunity to secure his appropriate portion of the net monetary relief.

15 U.S.C. § 15e

Oct. 15, 1914, ch. 323, §4E, as added Pub. L. 94-435, title III, §301, Sept. 30, 1976, 90 Stat. 1395.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATEInjuries sustained prior to Sept. 30, 1976, not covered by this section, see section 304 of Pub. L. 94-435 set out as a note under section 15c of this title.