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A07655 Summary:

BILL NOA07655B
 
SAME ASSAME AS S04146-B
 
SPONSORWalker
 
COSPNSRTaylor, Gibbs, Davila, Hunter, Steck, Ramos, Weprin, Darling, Hevesi, Fall, Chandler-Waterman, Cunningham, Anderson, Burgos, Bronson, Alvarez, Reyes, Benedetto, Cruz, Lupardo, Rivera, Bores
 
MLTSPNSR
 
Add Art 39-H §§899-ccc - 899-mmm, Gen Bus L
 
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 prepayment of the funded amount prior to the settlement of his or her case; makes related provisions.
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