HB 41: Litigation Financing Consumer Protection
GENERAL BILL by Overdorf ; (CO-INTRODUCERS) 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: 7/1/2022
Last Action: 1/10/2022 House - Withdrawn prior to introduction
Bill Text: PDF
Last Action: 1/10/2022 House - Withdrawn prior to introduction
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 8/23/2021 | House |
• Filed |
| 9/17/2021 | House |
• Referred to Civil Justice & Property Rights Subcommittee • Referred to Insurance & Banking Subcommittee • Referred to Judiciary Committee • Now in Civil Justice & Property Rights Subcommittee |
| 1/10/2022 | House |
• Withdrawn prior to introduction |