Comments: NY S00880 | 2009-2010 | General Assembly

Bill Title: Prohibits the financing of a lawsuit for investment purposes, where the repayment of the financing is contingent upon success of the lawsuit; establishes that such financing shall be considered a loan and subject to the state usury laws.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-02-03 - RECOMMIT, ENACTING CLAUSE STRICKEN [S00880 Detail]

Text: Latest bill text (Introduced) [HTML]

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