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S04146 Summary:

BILL NOS04146B
 
SAME ASSAME AS A07655-B
 
SPONSORCOONEY
 
COSPNSRBORRELLO, MYRIE, RHOADS, SEPULVEDA
 
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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