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28 U.S.C. § 1454 — Patent, plant variety protection, and
Federal law — U.S. Code and appendices · legal_authorities
Page 405
TITLE 28—JUDICIARY AND JUDICIAL PROCEDURE
§ 1455
1 So in original. Probably should be ‘‘77p(f)(3)’’.
(4) DENIAL OF APPEAL.—If a final judgment
on the appeal under paragraph (1) is not issued
before the end of the period described in para-
graph (2), including any extension under para-
graph (3), the appeal shall be denied.
(d) EXCEPTION.—This section shall not apply to
any class action that solely involves—
(1) a claim concerning a covered security as
defined under section 16(f)(3) of the Securities
Act of 1933 (15 U.S.C. 78p(f)(3) 1) and section
28(f)(5)(E) of the Securities Exchange Act of
1934 (15 U.S.C. 78bb(f)(5)(E));
(2) a claim that relates to the internal af-
fairs or governance of a corporation or other
form of business enterprise and arises under or
by virtue of the laws of the State in which
such corporation or business enterprise is in-
corporated or organized; or
(3) a claim that relates to the rights, duties
(including fiduciary duties), and obligations
relating to or created by or pursuant to any
security (as defined under section 2(a)(1) of the
Securities Act of 1933 (15 U.S.C. 77b(a)(1)) and
the regulations issued thereunder).
(Added Pub. L. 109–2, § 5(a), Feb. 18, 2005, 119
Stat. 12; amended Pub. L. 111–16, § 6(2), May 7,
2009, 123 Stat. 1608; Pub. L. 112–63, title I,
§ 103(d)(2), Dec. 7, 2011, 125 Stat. 762.)
Editorial Notes
AMENDMENTS
2011—Subsec.
(b).
Pub.
L.
112–63
substituted
‘‘1446(c)(1)’’ for ‘‘1446(b)’’.
2009—Subsec. (c)(1). Pub. L. 111–16 substituted ‘‘not
more than 10 days’’ for ‘‘not less than 7 days’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2011 AMENDMENT
Amendment by Pub. L. 112–63 effective upon the expi-
ration of the 30-day period beginning on Dec. 7, 2011,
and applicable t
Source: Supplied 2024 U.S. Code historical extraction · 28 U.S.C. § 1454
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Page 405
TITLE 28—JUDICIARY AND JUDICIAL PROCEDURE
§ 1455
1 So in original. Probably should be ‘‘77p(f)(3)’’.
(4) DENIAL OF APPEAL.—If a final judgment
on the appeal under paragraph (1) is not issued
before the end of the period described in para-
graph (2), including any extension under para-
graph (3), the appeal shall be denied.
(d) EXCEPTION.—This section shall not apply to
any class action that solely involves—
(1) a claim concerning a covered security as
defined under section 16(f)(3) of the Securities
Act of 1933 (15 U.S.C. 78p(f)(3) 1) and section
28(f)(5)(E) of the Securities Exchange Act of
1934 (15 U.S.C. 78bb(f)(5)(E));
(2) a claim that relates to the internal af-
fairs or governance of a corporation or other
form of business enterprise and arises under or
by virtue of the laws of the State in which
such corporation or business enterprise is in-
corporated or organized; or
(3) a claim that relates to the rights, duties
(including fiduciary duties), and obligations
relating to or created by or pursuant to any
security (as defined under section 2(a)(1) of the
Securities Act of 1933 (15 U.S.C. 77b(a)(1)) and
the regulations issued thereunder).
(Added Pub. L. 109–2, § 5(a), Feb. 18, 2005, 119
Stat. 12; amended Pub. L. 111–16, § 6(2), May 7,
2009, 123 Stat. 1608; Pub. L. 112–63, title I,
§ 103(d)(2), Dec. 7, 2011, 125 Stat. 762.)
Editorial Notes
AMENDMENTS
2011—Subsec.
(b).
Pub.
L.
112–63
substituted
‘‘1446(c)(1)’’ for ‘‘1446(b)’’.
2009—Subsec. (c)(1). Pub. L. 111–16 substituted ‘‘not
more than 10 days’’ for ‘‘not less than 7 days’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2011 AMENDMENT
Amendment by Pub. L. 112–63 effective upon the expi-
ration of the 30-day period beginning on Dec. 7, 2011,
and applicable to any action or prosecution commenced
on or after such effective date, with provisions for
treatment of cases removed to Federal court, see sec-
tion 105 of Pub. L. 112–63, set out as a note under sec-
tion 1332 of this title.
EFFECTIVE DATE OF 2009 AMENDMENT
Amendment by Pub. L. 111–16 effective Dec. 1, 2009,
see section 7 of Pub. L. 111–16, set out as a note under
section 109 of Title 11, Bankruptcy.
EFFECTIVE DATE
Section applicable to any civil action commenced on
or after Feb. 18, 2005, see section 9 of Pub. L. 109–2, set
out as an Effective Date of 2005 Amendment note under
section 1332 of this title.
§ 1454. Patent, plant variety protection, and
copyright cases
(a) IN GENERAL.—A civil action in which any
party asserts a claim for relief arising under any
Act of Congress relating to patents, plant vari-
ety protection, or copyrights may be removed to
the district court of the United States for the
district and division embracing the place where
the action is pending.
(b) SPECIAL RULES.—The removal of an action
under this section shall be made in accordance
with section 1446, except that if the removal is
based solely on this section—
(1) the action may be removed by any party;
and
(2) the time limitations contained in section
1446(b) may be extended at any time for cause
shown.
(c) CLARIFICATION OF JURISDICTION IN CERTAIN
CASES.—The court to which a civil action is re-
moved under this section is not precluded from
hearing and determining any claim in the civil
action because the State court from which the
civil action is removed did not have jurisdiction
over that claim.
(d) REMAND.—If a civil action is removed sole-
ly under this section, the district court—
(1) shall remand all claims that are neither
a basis for removal under subsection (a) nor
within the original or supplemental jurisdic-
tion of the district court under any Act of
Congress; and
(2) may, under the circumstances specified
in section 1367(c), remand any claims within
the supplemental jurisdiction of the district
court under section 1367.
(Added Pub. L. 112–29, § 19(c)(1), Sept. 16, 2011, 125
Stat. 332.)
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section applicable to any civil action commenced on
or after Sept. 16, 2011, see section 19(e) of Pub. L. 112–29,
set out as an Effective Date of 2011 Amendment note
under section 1295 of this title.
§ 1455. Procedure for removal of criminal pros-
ecutions
(a) NOTICE OF REMOVAL.—A defendant or de-
fendants desiring to remove any criminal pros-
ecution from a State court shall file in the dis-
trict court of the United States for the district
and division within which such prosecution is
pending a notice of removal signed pursuant to
Rule 11 of the Federal Rules of Civil Procedure
and containing a short and plain statement of
the grounds for removal, together with a copy of
all process, pleadings, and orders served upon
such defendant or defendants in such action.
(b) REQUIREMENTS.—(1) A notice of removal of
a criminal prosecution shall be filed not later
than 30 days after the arraignment in the State
court, or at any time before trial, whichever is
earlier, except that for good cause shown the
United States district court may enter an order
granting the defendant or defendants leave to
file the notice at a later time.
(2) A notice of removal of a criminal prosecu-
tion shall include all grounds for such removal.
A failure to state grounds that exist at the time
of the filing of the notice shall constitute a
waiver of such grounds, and a second notice may
be filed only on grounds not existing at the time
of the original notice. For good cause shown, the
United States district court may grant relief
from the limitations of this paragraph.
(3) The filing of a notice of removal of a crimi-
nal prosecution shall not prevent the State
court in which such prosecution is pending from
proceeding further, except that a judgment of
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** When used in this subchapter, unless the context otherwise requires—
(1) The term “security” means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security”, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.
(2) The term “person” means an individual, a corporation, a partnership, an association, a joint-stock company, a trust, any unincorporated organization, or a government or political subdivision thereof. As used in this paragraph the term “trust” shall include only a trust where the interest or interests of the beneficiary or beneficiaries are evidenced by a security.
(3) The term “sale” or “sell” shall include every contract of sale or disposition of a security or interest in a security, for value. The term “offer to sell”, “offer for sale”, or “offer” shall include every attempt or offer to dispose of, or solicitation of an offer to buy, a security or interes
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 77b
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Federal law — U.S. Code and appendices · legal_authorities
Page 119
TITLE 15—COMMERCE AND TRADE
§ 77b
7025, set out as a note under section 301 of Title 3, The
President.
CHAPTER 2A—SECURITIES AND TRUST
INDENTURES
SUBCHAPTER I—DOMESTIC SECURITIES
Sec.
77a.
Short title.
77b.
Definitions; promotion of efficiency, competi-
tion, and capital formation.
77b–1.
Swap agreements.
77c.
Classes of securities under this subchapter.
77d.
Exempted transactions.
77d–1.
Requirements with respect to certain small
transactions.
77e.
Prohibitions relating to interstate commerce
and the mails.
77f.
Registration of securities.
77g.
Information required in registration state-
ment.
77h.
Taking effect of registration statements and
amendments thereto.
77h–1.
Cease-and-desist proceedings.
77i.
Court review of orders.
77j.
Information required in prospectus.
77k.
Civil liabilities on account of false registra-
tion statement.
77l.
Civil liabilities arising in connection with
prospectuses and communications.
77m.
Limitation of actions.
77n.
Contrary stipulations void.
77o.
Liability of controlling persons.
77p.
Additional remedies; limitation on remedies.
77q.
Fraudulent interstate transactions.
77r.
Exemption from State regulation of securi-
ties offerings.
77r–1.
Preemption of State law.
77s.
Special powers of Commission.
77t.
Injunctions and prosecution of offenses.
77u.
Hearings by Commission.
77v.
Jurisdiction of offenses and suits.
77w.
Unlawful representations.
77x.
Penalties.
77y.
Jurisdiction of other Government agencies
over securities.
77z.
Separability.
77z–1.
Private securities litigation.
77z–2.
Application of safe harbor for forward-look-
ing statements.
77z–2a.
Conflicts of interest relating to certain
securitizations.
77z–3.
General exemptive authority.
77z
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 77b
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Limitation on judgments**
(1) **In general** — No person permitted to maintain a suit for damages under the provisions of this chapter shall recover, through satisfaction of judgment in 1 or more actions, a total amount in excess of the actual damages to that person on account of the act complained of. Except as otherwise specifically provided in this chapter, nothing in this chapter shall affect the jurisdiction of the securities commission (or any agency or officer performing like functions) of any State over any security or any person insofar as it does not conflict with the provisions of this chapter or the rules and regulations under this chapter.
(2) **Rule of construction** — Except as provided in subsection (f), the rights and remedies provided by this chapter shall be in addition to any and all other rights and remedies that may exist at law or in equity.
(3) **State bucket shop laws** — No State law which prohibits or regulates the making or promoting of wagering or gaming contracts, or the operation of “bucket shops” or other similar or related activities, shall invalidate—
(A) any put, call, straddle, option, privilege, or other security subject to this chapter (except any security that has a pari-mutuel payout or otherwise is determined by the Commission, acting by rule, regulation, or order, to be appropriately subject to such laws), or apply to any activity which is incidental or related to the offer, purchase, sale, exercise, settlement, or closeout of any such security;
(B) any security-based swap between eligible contract participants; or
(C) any security-based swap effected on a national securities exchange registered pursuant to [section 78f(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-secti
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 78bb
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Federal law — U.S. Code and appendices · legal_authorities
Page 450
TITLE 15—COMMERCE AND TRADE
§ 78aa–1
stituted ‘‘United States District Court for the District
of Columbia’’ for ‘‘district court of the United States
for the District of Columbia’’. Pub. L. 100–181 struck
out reference to the United States District Court for
the District of Columbia. Previously, such words had
been editorially eliminated as superfluous in view of
section 132(a) of Title 28, Judiciary and Judicial Proce-
dure, which provides that ‘‘There shall be in each judi-
cial district a district court which shall be a court of
record known as the United States District Court for
the district’’, and section 88 of Title 28 which provides
that ‘‘the District of Columbia constitutes one judicial
district’’.
AMENDMENTS
2010—Pub. L. 111–203, § 929P(b)(2), designated existing
provisions as subsec. (a), inserted heading, and added
subsec. (b).
Pub. L. 111–203, § 929E(b), inserted ‘‘In any action or
proceeding instituted by the Commission under this
chapter in a United States district court for any judi-
cial district, a subpoena issued to compel the attend-
ance of a witness or the production of documents or
tangible things (or both) at a hearing or trial may be
served at any place within the United States. Rule
45(c)(3)(A)(ii) of the Federal Rules of Civil Procedure
shall not apply to a subpoena issued under the pre-
ceding sentence.’’ after ‘‘defendant may be found.’’
1987—Pub. L. 100–181 struck out ‘‘, the United States
District Court for the District of Columbia,’’ after ‘‘dis-
trict courts of the United States’’ and substituted ‘‘sec-
tions 1254, 1291, 1292, and 1294 of title 28’’ for ‘‘sections
128 and 240 of the Judicial Code, as amended (U.S.C.,
title 28, secs. 225 and 347)’’. See Codification note above.
Statutory Notes and Related
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 78bb
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Disclosures required**
(1) **Directors, officers, and principal stockholders required to file** — Every person who is directly or indirectly the beneficial owner of more than 10 percent of any class of any equity security (other than an exempted security) which is registered pursuant to section 78l of this title, or who is a director or an officer of the issuer of such security (including, solely for the purposes of this subsection, every person who is a director or an officer of a foreign private issuer, as that term is defined in section 240.3b–4 of title 17, Code of Federal Regulations, or any successor regulation), shall file the statements required by this subsection with the Commission.
(2) **Time of filing** — The statements required by this subsection shall be filed—
(A) at the time of the registration of such security on a national securities exchange or by the effective date of a registration statement filed pursuant to section 78l(g) of this title;
(B) within 10 days after he or she becomes such beneficial owner, director, or officer, or within such shorter time as the Commission may establish by rule;
(C) if there has been a change in such ownership, or if such person shall have purchased or sold a security-based swap agreement involving such equity security, before the end of the second business day following the day on which the subject transaction has been executed, or at such other time as the Commission shall establish, by rule, in any case in which the Commission determines that such 2-day period is not feasible; or
(D) with respect to a foreign private issuer, the securities of which are, as of December 18, 2025, registered pursuant to subsection (b) or (g) of section 78l of this title, on the date that is 90 days after December 18
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 78p
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Federal law — U.S. Code and appendices · legal_authorities
Page 389
TITLE 15—COMMERCE AND TRADE
§ 78p
2 See References in Text note below.
eral Housing Finance Agency shall jointly
define the term ‘‘qualified residential mort-
gage’’ for purposes of this subsection, taking
into consideration underwriting and product
features that historical loan performance
data indicate result in a lower risk of de-
fault, such as—
(i) documentation and verification of the
financial resources relied upon to qualify
the mortgagor;
(ii) standards with respect to—
(I) the residual income of the mort-
gagor after all monthly obligations;
(II) the ratio of the housing payments
of the mortgagor to the monthly income
of the mortgagor;
(III) the ratio of total monthly install-
ment payments of the mortgagor to the
income of the mortgagor;
(iii) mitigating the potential for pay-
ment shock on adjustable rate mortgages
through product features and underwriting
standards;
(iv) mortgage guarantee insurance or
other types of insurance or credit enhance-
ment obtained at the time of origination,
to the extent such insurance or credit en-
hancement reduces the risk of default; and
(v) prohibiting or restricting the use of
balloon payments, negative amortization,
prepayment penalties, interest-only pay-
ments, and other features that have been
demonstrated to exhibit a higher risk of
borrower default.
(C) Limitation on definition
The Federal banking agencies, the Com-
mission, the Secretary of Housing and Urban
Development, and the Director of the Fed-
eral Housing Finance Agency in defining the
term ‘‘qualified residential mortgage’’, as re-
quired by subparagraph (B), shall define that
term to be no broader than the definition
‘‘qualified mortgage’’ as the term is defined
under section 129C(c)(2) of the Truth in
Lending Act,
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 78p
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In General.—** A civil action in which any party asserts a claim for relief arising under any Act of Congress relating to patents, plant variety protection, or copyrights may be removed to the district court of the United States for the district and division embracing the place where the action is pending.
**(b) Special Rules.—** The removal of an action under this section shall be made in accordance with section 1446, except that if the removal is based solely on this section—
(1) the action may be removed by any party; and
(2) the time limitations contained in section 1446(b) may be extended at any time for cause shown.
**(c) Clarification of Jurisdiction in Certain Cases.—** The court to which a civil action is removed under this section is not precluded from hearing and determining any claim in the civil action because the State court from which the civil action is removed did not have jurisdiction over that claim.
**(d) Remand.—** If a civil action is removed solely under this section, the district court—
(1) shall remand all claims that are neither a basis for removal under subsection (a) nor within the original or supplemental jurisdiction of the district court under any Act of Congress; and
(2) may, under the circumstances specified in section 1367(c), remand any claims within the supplemental jurisdiction of the district court under section 1367.
Source: Supplied U.S. Code snapshot — release unconfirmed · 28 U.S.C. § 1454
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