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U.S. Code, Title 15, Commerce and Trade
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 78aa–1. Special Provision Relating to Statute of Limitations on Private Causes of Action
(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 the plaintiff not later than 60 days after December 19, 1991.
(June 6, 1934, ch. 404, title I, § 27A, as added Pub. L. 102–242, title IV, § 476, Dec. 19, 1991, 105 Stat. 2387.)
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Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 78aa– 1. Special Provision Relating to Statute of Limitations on Private Causes of Action," U.S. Code, Title 15, Commerce and Trade in U.S. Code, Title 15, Commerce and Trade (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed March 27, 2025, http://www.originalsources.com/Document.aspx?DocID=52U89WJM9S6CREM.
MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 78aa– 1. Special Provision Relating to Statute of Limitations on Private Causes of Action." U.S. Code, Title 15, Commerce and Trade, in U.S. Code, Title 15, Commerce and Trade, Washington, D.C., Government Printing Office, 2002, Original Sources. 27 Mar. 2025. http://www.originalsources.com/Document.aspx?DocID=52U89WJM9S6CREM.
Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 78aa– 1. Special Provision Relating to Statute of Limitations on Private Causes of Action' in U.S. Code, Title 15, Commerce and Trade. cited in 2002, U.S. Code, Title 15, Commerce and Trade, Government Printing Office, Washington, D.C.. Original Sources, retrieved 27 March 2025, from http://www.originalsources.com/Document.aspx?DocID=52U89WJM9S6CREM.
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