Act of Oct. 15, 1914, ch. 323, sec. 4E (as amended)

distribution of damages

Year: 2004Length: 78 wordsOfficial source
distribution of damages Sec. 4E. Monetary relief recovered in an action under section 4C(a)(1) 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]
Cross-references to the US Code
15 U.S.C. 15e
Act of Oct. 15, 1914, ch. 323, sec. 4E (as amended): distribution of damages | Justis AI