· NY legislature · 2025-2026

Relates to consumer litigation funding

Enacts the consumer litigation funding act to promote consumer protections related to consumer litigation funding transactions; provides for contract requirements, including that the contract contain a no penalty provision for the prepayment of the funded amount prior to the settlement of their case; makes related p…

Sponsor

Bill Magnarelli (D-NY)

Introduced

2025-01-08

Policy area

Finance and Financial Sector

Latest action

APPROVAL MEMO.29