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Glossary of Legislative Terms

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 Last Action: 1/10/2022 House - Withdrawn prior to introduction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

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  • 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    1/10/2022 House • Withdrawn prior to introduction

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  • HB 41, Original Filed Version (Current Bill Version) Posted 8/23/2021 at 11:26 AM

    Bill Text:   PDF
    Analyses:   None

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    501.1001 Page 2 (pdf)
    501.1002 Page 4 (pdf)
    501.1003 Page 7 (pdf)
    501.1004 Page 8 (pdf)
    501.1005 Page 9 (pdf)
    501.1006 Page 12 (pdf)
    501.1007 Page 13 (pdf)
    501.1008 Page 14 (pdf)
    501.1009 Page 14 (pdf)
    501.1011 Page 14 (pdf)

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