Bill Summary

HB 41 Litigation Financing Consumer Protection (2022 Session)
by Overdorf Co Sponsors: Benjamin
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 violations are deceptive & unfair trade practices. Effective Date: July 1, 2022
08/23/21
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Filed
09/17/21
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Referred to Civil Justice & Property Rights Subcommittee; Insurance & Banking Subcommittee; Judiciary Committee
09/17/21
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Now in Civil Justice & Property Rights Subcommittee
01/10/22
HOUSE 
Withdrawn prior to introduction
0041
Filed on 08/23/21
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No amendments to this bill text filed.
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