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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

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  • SB 1612, Original Filed Version (Current Bill Version) Posted 3/3/2023 at 2:06 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1447 Litigation Financing Consumer Protection Overdorf Similar Last Action: 5/5/2023 H Died in Civil Justice Subcommittee Track This Bill

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    501.998 Page 2 (pdf)
    501.9981 Page 3 (pdf)
    501.9982 Page 5 (pdf)
    501.9983 Page 6 (pdf)
    501.9984 Page 7 (pdf)
    501.9985 Page 9 (pdf)
    501.9986 Page 10 (pdf)
    501.9987 Page 10 (pdf)

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