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A00804 Summary:
BILL NO | A00804 |
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SAME AS | SAME AS S01104 |
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SPONSOR | Magnarelli |
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COSPNSR | Simon, Sayegh, Buttenschon, Cook, Williams, Dinowitz, Stirpe, Jackson, Gonzalez-Rojas, Hevesi, Taylor, Septimo |
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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 prepayment of the funded amount prior to the settlement of their case; makes related provisions. |