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Glossary of Legislative Terms

SB 1828: Litigation Financing Consumer Protection

GENERAL BILL by Broxson

Litigation Financing Consumer Protection; Creating the Litigation Financing Consumer Protection Act; requiring litigation financiers to register with the Office of Financial Regulation; prohibiting litigation financiers from engaging in specified conduct; providing for a contingent right to civil action proceeds assignability; providing that specified communications between attorneys and litigation financiers do not limit or waive statutory or common-law privilege, etc.

Effective Date: 7/1/2020
 Last Action: 3/14/2020 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)


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Bill History

Date Chamber Action
1/13/2020 Senate • Filed
1/17/2020 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 178
1/22/2020 Senate • Introduced -SJ 178
2/6/2020 Senate • On Committee agenda-- Banking and Insurance, 02/11/20, 2:00 pm, 412 Knott Building --Not Considered
2/14/2020 Senate • On Committee agenda-- Banking and Insurance, 02/19/20, 1:30 pm, 412 Knott Building --Temporarily Postponed
3/14/2020 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance