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A03228 Summary:

BILL NOA03228
 
SAME ASSAME AS S03651
 
SPONSORDilan
 
COSPNSRBlake, Ortiz, Dickens, Simon, Rodriguez, DeStefano, Montesano, Cook, Cruz, Hyndman, Wright, Crespo, Cusick, Quart, Kim, D'Urso, Hevesi, Darling, McDonough, Reyes, Davila, Ramos, Joyner
 
MLTSPNSRPichardo, Rosenthal D, Sayegh
 
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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