FEDERAL · 15 U.S.C. · Chapter 2B
Special provision relating to statute of limitations on private causes of action
Current through Pub. L. 119-102
(a)Effect on pending causes of action
The limitation period for any private civil action implied under section 78j(b) of this title that was commenced on or before June 19, 1991, shall be the limitation period provided by the laws applicable in the jurisdiction, including principles of retroactivity, as such laws existed on June 19, 1991.
(b)Effect on dismissed causes of action
Any private civil action implied under section 78j(b) of this title that was commenced on or before June 19, 1991—
(1)which was dismissed as time barred subsequent to June 19, 1991, and
(2)which would have been timely filed under the limitation period provided by the laws applicable in the jurisdiction, including principles of retroactivity, as such laws existed on June 19, 1991,
shall be reinstated on motion by
Free access — add to your briefcase to read the full text and ask questions with AI
15 U.S.C. § 78aa–1 (Special provision relating to statute of limitations on private causes of action) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
§ 78j
15 U.S.C. § 78j
Source Credit
History
(June 6, 1934, ch. 404, title I, §27A, as added Pub. L. 102–242, title IV, §476, Dec. 19, 1991, 105 Stat. 2387.)
Editorial Notes
Editorial Notes
Constitutionality
For information regarding the constitutionality of certain provisions of this section, see the Table of Laws Held Unconstitutional in Whole or in Part by the Supreme Court on the Constitution Annotated website, constitution.congress.gov.
Constitutionality
For information regarding the constitutionality of certain provisions of this section, see the Table of Laws Held Unconstitutional in Whole or in Part by the Supreme Court on the Constitution Annotated website, constitution.congress.gov.