HB 1293 (2021) -  Litigation Financing Consumer Protection

by Overdorf
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
Last Event: Died in Civil Justice & Property Rights Subcommittee on Friday, April 30, 2021 2:40 PM

Related Bills

Staff Analysis

(None Available)

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Civil Justice & Property Rights Subcommittee Time: 04/30/2021 - 2:40 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H 1st Reading Time: 03/02/2021 - 9:21 PM Member: Committee: Version: __
Event: H Now in Civil Justice & Property Rights Subcommittee Time: 02/28/2021 - 7:37 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H Referred to Judiciary Committee Time: 02/28/2021 - 7:37 PM Member: Committee: Judiciary Committee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 02/28/2021 - 7:37 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 02/28/2021 - 7:37 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H Filed Time: 02/24/2021 - 4:35 PM Member: Overdorf Committee: Version: __

Statutes Referenced by this Bill