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A01270 Summary:

BILL NOA01270
 
SAME ASSAME AS S00705
 
SPONSORMagnarelli (MS)
 
COSPNSRSimon, Sayegh, Buttenschon, Cook, Williams, Barron, Gunther, Nolan, Dinowitz, Dickens, Stirpe, Wallace, Hevesi, Jackson, Gonzalez-Rojas
 
MLTSPNSRGriffin
 
Add Art 39-H §§899-ccc - 899-mmm, Gen Bus L
 
Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the pre-payment of the funded amount prior to the settlement of his or her case; makes related provisions.
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