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S00705 Summary:

BILL NOS00705
 
SAME ASNo Same As
 
SPONSORKAPLAN
 
COSPNSRAKSHAR, BIAGGI, BORRELLO, REICHLIN-MELNICK, SEPULVEDA
 
MLTSPNSR
 
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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