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A06866 Summary:
BILL NO | A06866 |
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SAME AS | SAME AS S04478 |
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SPONSOR | Magnarelli |
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COSPNSR | Ortiz |
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MLTSPNSR | |
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Add Art 39-H §§899-ccc - 899-ggg, Gen Bus L | |
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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. |