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A06764 Summary:
BILL NO | A06764 |
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SAME AS | SAME AS S04555 |
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SPONSOR | Magnarelli |
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COSPNSR | Simon, Sayegh, Buttenschon, Cook, Jaffee, Williams, Wright, Barron, D'Urso, Gunther, Nolan, Dinowitz, Mosley, Dickens, Simotas, Stirpe |
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MLTSPNSR | Griffin |
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Add Art 39-H §§899-ccc - 899-mmm, Gen Bus L | |
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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. |