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119 STAT 4PUBLIC LAW 1092FEB 18 2005ABLEOFSec1Short title reference ta


VerDate 14-DEC-20040423 Mar 05 2005Jkt 039139PO 00002Frm 00002Fmt 6580Sfmt 6581EPUBLAWPUBL002109BILLWPsN PUBL002PUBLIC LAW 1092FEB 18 2005members from being able to fully understand and effec-CHAPTER

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Document on Subject : "119 STAT 4PUBLIC LAW 1092FEB 18 2005ABLEOFSec1Short title reference ta"— Transcript:

1 119 STAT. 4PUBLIC LAW 109–2—FEB. 18, 200
119 STAT. 4PUBLIC LAW 109–2—FEB. 18, 2005ABLEOFSec.1.Short title; reference; table of contents.Sec.2.Findings and purposes.Sec.3.Consumer class action bill of rights and improved procedures for interstateSec.4.Federal district court jurisdiction for interstate class actions.Sec.5.Removal of interstate class actions to Federal district court.Sec.6.Report on class action settlements.Sec.7.Enactment

2 of Judicial Conference recommendations.
of Judicial Conference recommendations.Sec.8.Rulemaking authority of Supreme Court and Judicial Conference.Sec.9.Effective date.part of the legal system when they permit the fair and efficient VerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00002Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 PUBLIC LAW 109–2—FEB. 18, 2005members from being able to fully understand and effec-‘

3 ‘CHAPTER 114—CLASS ACTIONS‘‘§1711. Defin
‘CHAPTER 114—CLASS ACTIONS‘‘§1711. Definitions.—The term ‘class’ means all of the class mem-LASSACTION.—The term ‘class action’ means anyLASSCOUNSEL.—The term ‘class counsel’ means theLASSMEMBERS.—The term ‘class members’ meansLAINTIFFCLASSACTION.—The term ‘plaintiff classVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00003Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 119 ST

4 AT. 6PUBLIC LAW 109–2—FEB. 18, 2005ROPOS
AT. 6PUBLIC LAW 109–2—FEB. 18, 2005ROPOSEDSETTLEMENT.—The term ‘proposed settle-‘‘§1712. Coupon settlementsEESINWARDSINNGENERALOURTAPPROVALALCULATEDONAupon the motion of a party, receive expert testimony from a witnessCRUTINYOFVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00004Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 PUBLIC LAW 109–2—FEB. 18, 2005‘‘§1713. Protection ag

5 ainst loss by class members‘‘§1714. Prot
ainst loss by class members‘‘§1714. Protection against discrimination based on‘‘§1715. Notifications to appropriate Federal and State offi-PPROPRIATEFEDERALOFFICIALPPROPRIATESTATEOFFICIALVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00005Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 119 STAT. 8PUBLIC LAW 109–2—FEB. 18, 2005EDERALANDOTHERDEPOSITORYINSTITUTIONSTATEDEPOSITORYI

6 NSTITUTIONSupon the State bank superviso
NSTITUTIONSupon the State bank supervisor (as that term is defined inONCOMPLIANCEIFNGENERALVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00006Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 PUBLIC LAW 109–2—FEB. 18, 2005PPLICATIONOFRIGHTSULEOFECHNICALANDchapters for part V is amended by inserting after the item relatingPPLICATIONOF‘‘(A) the term ‘class’ means all of the class

7 members in‘‘(B) the term ‘class action’
members in‘‘(B) the term ‘class action’ means any civil action filed‘‘(C) the term ‘class certification order’ means an order‘‘(D) the term ‘class members’ means the persons (namedVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00007Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 119 STAT. 10PUBLIC LAW 109–2—FEB. 18, 2005‘‘(D) whether the action was brought in a forum with aci

8 tizens from any other State, and the cit
tizens from any other State, and the citizenship of the other‘‘(aa) from whom significant relief is sought by‘‘(III) principal injuries resulting from the alleged con-or other governmental entities against whom the district courtin controversy exceeds the sum or value of $5,000,000, exclusiveVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00008Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILL

9 WPsN: PUBL002 119 STAT. 11PUBLIC LAW 109
WPsN: PUBL002 119 STAT. 11PUBLIC LAW 109–2—FEB. 18, 2005a corporation or other form of business enterprise and that‘‘(B)(i) As used in subparagraph (A), the term ‘mass action’‘‘(ii) As used in subparagraph (A), the term ‘mass action’ shall‘‘(I) all of the claims in the action arise from an eventVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00009Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109B

10 ILLWPsN: PUBL002 119 STAT. 12PUBLIC LAW
ILLWPsN: PUBL002 119 STAT. 12PUBLIC LAW 109–2—FEB. 18, 2005‘‘§1453. Removal of class actionsEVIEWOFNGENERAL1447(d), a court of appeals may accept an appeal from ana class action to the State court from which it was removedIMEPERIODFORJUDGMENTXTENSIONOFTIMEPERIODENIALOFAPPEALVerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00010Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 119

11 STAT. 13PUBLIC LAW 109–2—FEB. 18, 2005‘‘
STAT. 13PUBLIC LAW 109–2—FEB. 18, 2005‘‘(1) a claim concerning a covered security as defined under‘‘(2) a claim that relates to the internal affairs or govern-ance of a corporation or other form of business enterprise‘‘(3) a claim that relates to the rights, duties (includingECHNICALANDsections for chapter 89 is amended by adding after the item relatingUTHORITYOFVerDate 14-DEC-200404:23 Mar 05, 2

12 005Jkt 039139PO 00002Frm 00011Fmt 6580Sf
005Jkt 039139PO 00002Frm 00011Fmt 6580Sfmt 6581E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 119 STAT. 14PUBLIC LAW 109–2—FEB. 18, 2005 LEGISLATIVE VerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00012Fmt 6580Sfmt 6580E:\PUBLAW\PUBL002.109BILLWPsN: PUBL002 PUBLIC LAW 109–2—FEB. 18, 2005VerDate 14-DEC-200404:23 Mar 05, 2005Jkt 039139PO 00002Frm 00001Fmt 6579Sfmt 6579E:\PUBLAW\PUBL002.109BILLWP