BILL NO | S00705 |
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SAME AS | No Same As |
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SPONSOR | KAPLAN |
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COSPNSR | AKSHAR, BIAGGI, BORRELLO, REICHLIN-MELNICK, SEPULVEDA |
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MLTSPNSR | |
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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. |