Bill Sponsors: NY S08006 | 2015-2016 | 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 (Republican 2-0)

Status: (Engrossed - Dead) 2016-06-17 - referred to ways and means [S08006 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Robert Ortt [R]PrimarySponsored BillsSD-062FollowTheMoneyBallotpediaVoteSmart
Senator Fred Akshar [R]CosponsorSponsored BillsSD-052FollowTheMoneyBallotpediaVoteSmart

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