Bill Summary

SB 1612 Litigation Financing Consumer Protection (2023 Session)
Litigation Financing Consumer Protection; Requiring litigation financiers to register with the Department of State before engaging in litigation financing in this state; requiring litigation financiers to file a surety bond meeting specified requirements; providing requirements for litigation financing contracts; prohibiting litigation financiers from engaging in specified conduct; providing requirements for litigation financiers to assess specified interest, fees, and charges, etc. Effective Date: 7/1/2023
03/03/23
SENATE
Filed
03/09/23
SENATE
Referred to Judiciary; Fiscal Policy
05/05/23
SENATE
Died in Judiciary
1612
Filed on 03/03/23
PDF
No amendments to this bill text filed.
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