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S08860 Summary:

BILL NOS08860
 
SAME ASSAME AS A08966
 
SPONSORRANZENHOFER
 
COSPNSRPHILLIPS
 
MLTSPNSR
 
Add Art 39-H §§899-ccc - 899-mmm, Gen Bus L
 
Establishes that consumer litigation funding transactions should be subject to state regulation and sets forth requirements regarding disclosure, licensing, funding company and attorney responsibilities and limitations, violations and other provisions.
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