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A09241 Summary:
| BILL NO | A09241C |
| SAME AS | SAME AS S08006 |
| SPONSOR | Simanowitz |
| COSPNSR | Gottfried, Zebrowski, Brindisi, Titone, Sepulveda, Hyndman, Dilan |
| MLTSPNSR | Brennan, Cook, Friend, Robinson, Simon |
| 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. | |