28 U.S.C. § 1713

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

Section 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.

28 U.S.C. § 1713

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

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATESection 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.