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S04478 Summary:
| BILL NO | S04478 |
| SAME AS | SAME AS A06866 |
| SPONSOR | KAPLAN |
| COSPNSR | ORTT, SEPULVEDA, SKOUFIS |
| MLTSPNSR | |
| 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. | |