FEDERAL · 28 U.S.C. · Chapter 114
Protection against loss by class members
28 U.S.C. § 1713
Title28 — Judiciary and Judicial Procedure
Chapter114 — CLASS ACTIONS
This text of 28 U.S.C. § 1713 (Protection against loss by class members) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
28 U.S.C. § 1713.
Text
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.
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Related
National State Bank of Newark v. The United States. The Bowery Savings Bank v. The United States
357 F.2d 704 (Court of Claims, 1966)
Kenneth Njema v. Wells Fargo Bank, N.A.
847 F.3d 934 (Eighth Circuit, 2017)
Source Credit
History
(Added Pub. L. 109–2, §3(a), Feb. 18, 2005, 119 Stat. 7.)
Editorial Notes
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.
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.
Cite This Page — Counsel Stack
Bluebook (online)
28 U.S.C. § 1713, Counsel Stack Legal Research, https://law.counselstack.com/usc/28/1713.