Bill Sponsors: NY A06866 | 2019-2020 | General Assembly

Bill Title: Establishes contract requirements for third party litigation financing which includes requiring contracts to contain a right of rescission, a written acknowledgement by the attorney retained, a clear outline of the scheduled fee structure and a no penalty provision.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2020-01-08 - referred to consumer affairs and protection [A06866 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Assemblymember William Magnarelli [D]PrimarySponsored BillsHD-129FollowTheMoneyBallotpediaVoteSmart
Assemblymember Felix Ortiz [D]CosponsorSponsored BillsHD-051FollowTheMoneyBallotpediaVoteSmart

Social Comments on NY A06866

feedback