15 U.S.C. § 15b — Limitation of actions

submitted 112 years ago by ch. 323 to r/title-15-COMMERCE-AND-TRADE · 53 words · no verdicts yet

in plain englishAI-generated · not legal advice

A lawsuit to enforce a claim under section 15, 15a, or 15c must be filed within four years after the claim arose, or it is barred forever. This law doesn't revive any claim that was already barred under the law in place before this Act took effect.

This section is a single, undivided provision. Any lawsuit trying to enforce a claim under section 15, 15a, or 15c of this title is permanently barred unless it's filed within four years after the claim first arose. Separately, if a claim was already barred under the law that existed before this Act took effect, this Act does not revive it — that claim stays barred.

the actual law source: uscode.house.gov ↗public domain

Any action to enforce any cause of action under section 15, 15a, or 15c of this title shall be forever barred unless commenced within four years after the cause of action accrued. No cause of action barred under existing law on the effective date of this Act shall be revived by this Act.

Source credit: (Oct. 15, 1914, ch. 323, § 4B, as added July 7, 1955, ch. 283, § 1, 69 Stat. 283; amended Pub. L. 94–435, title III, § 302(1), Sept. 30, 1976, 90 Stat. 1396.)

history & why it existsrecord from the source credit

1914Enacted · Act of Oct. 15, 1914, ch. 323 · 69 Stat. 283
1976Amended · Pub. L. 94-435 · 90 Stat. 1396

A history note hasn’t been published yet. The record shows enactment by ch. 323 on 1914-10-15.

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