André M. Thapedi
- Democratic
Creates the Non-Recourse Civil Litigation Funding Act. Provides that all contracts for non-recourse civil litigation funding must meet specified criteria. Provides that the contract shall provide that the consumer may cancel the contract within 5 business days following the consumer's receipt of funds, without penalty or further obligation. Specifies the notice requirements for contracts. Sets requirements for fee calculations. Prohibits unregistered companies from entering into a non-recourse civil litigation funding transaction with consumers. Provides requirements for the Department of Financial and Professional Regulation to consider while making decisions regarding registration. Authorizes the Department to make and enforce reasonable rules and regulations as may be necessary to carry out the provisions of the Act.
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Session Sine Die
House Committee Amendment No. 2 Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 2 Rules Refers to Judiciary
House Committee Amendment No. 2 Filed with Clerk by Rep. André M. Thapedi
House Committee Amendment No. 2 Referred to Rules Committee
House Committee Amendment No. 1 Rules Refers to Judiciary
House Committee Amendment No. 1 Fiscal Note Filed as Amended
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. André M. Thapedi
Added Chief Co-Sponsor Rep. Emanuel Chris Welch
Added Chief Co-Sponsor Rep. Linda Chapa LaVia
Added Chief Co-Sponsor Rep. Lou Lang
Assigned to Judiciary
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. André M. Thapedi
Bill Text Versions | Format |
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Introduced | HTML |
Document | Format |
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House Amendment 002 | |
House Amendment 001 |
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