Small Business Judicial Access Act of 1981

[AI summary unavailable — showing source text] Small Business Judicial Access Act of 1981 - Title I: Revision of Class Damage Procedures - Replaces Federal Rules of Civil Procedure 23(b)(3) (class actions where common questions of law or fact predominate) with the following new types of civil actions: (1) a public action, vesting a single claim in the United States with respect to persons whose conduct in the manufacture, rental, distribution, sale, or purchase of realty, goods, or services gives rise to a civil right of action under a U.S. statute; and (2) a class compensatory action with respect to persons whose conduct gives rise to a civil right of action under a U.S. statute. Requires for a public action that at least 200 persons each sustain injury less than $300 and that the combined injury exceed $60,000. Conditions a class compensatory action on at least 40 persons having each sustained injury greater than $300. Requires in both actions that the injuries or liability arise out of the same transaction or occurrence and that a substantial common question of law or fact exist. Allows a public action to be brought by the Attorney General, a Federal agency with exclusive enforcement authority, or a private individual. Autho…