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S03911 Summary:

BILL NOS03911B
 
SAME ASSAME AS A08653-A
 
SPONSORORTT
 
COSPNSRAKSHAR, GALLIVAN, HANNON, HELMING, JACOBS, MARCHIONE
 
MLTSPNSR
 
Add Art 39-H 899-ccc - 899-ggg, Gen Bus L
 
Establishes contract requirements for third party litigation financing which includes requiring contracts to contain a right of rescission, a written acknowledgement by the attorney retained, a clear outline of the scheduled fee structure and a no penalty provision.
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