Bill Summary

HB 1293 Litigation Financing Consumer Protection (2021 Session)
Litigation Financing Consumer Protection: Requires litigation financiers to register with DOS & file surety bond; provides requirements for litigation financing contracts; provides for assignment of contingent rights to civil action or claim proceeds; specifies priority of liens; authorizes litigation financiers to assess specified interest, fees, & charges; provides that violations are deceptive & unfair trade practices. Effective Date: July 1, 2021
02/24/21
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Filed
02/28/21
HOUSE 
Referred to Civil Justice & Property Rights Subcommittee; Insurance & Banking Subcommittee; Judiciary Committee
02/28/21
HOUSE 
Now in Civil Justice & Property Rights Subcommittee
04/30/21
HOUSE 
Died in Civil Justice & Property Rights Subcommittee
1293
Filed on 02/24/21
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No amendments to this bill text filed.
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