Topical Terminology > Limited Fund Class
1 Definition
Limited Fund Class
For Limited Fund Class we have a term and definition in Class Action.
Limited Fund Class (Class Action) 
A class action certified under Rule 23(b)(1)(B) wherein a claim is made the assets of a defendant are inadequate to fully compensate all of the class members and the court is asked to allocate the distribution of any funds obtained in the litigation.
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