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Glossary of Legislative Terms

SB 1612: Litigation Financing Consumer Protection

GENERAL BILL by Yarborough

Litigation Financing Consumer Protection; Requiring litigation financiers to register with the Department of State before engaging in litigation financing in this state; requiring litigation financiers to file a surety bond meeting specified requirements; providing requirements for litigation financing contracts; prohibiting litigation financiers from engaging in specified conduct; providing requirements for litigation financiers to assess specified interest, fees, and charges, etc.

Effective Date: 7/1/2023
Last Action: 5/5/2023 Senate - Died in Judiciary
Bill Text: Web Page | PDF
Senate Committee References:
  1. Judiciary (JU)
  2. Fiscal Policy (FP)


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Bill History

Date Chamber Action
3/3/2023 Senate • Filed
3/9/2023 Senate • Referred to Judiciary; Fiscal Policy
3/14/2023 Senate • Introduced
5/5/2023 Senate • Died in Judiciary