Bill
SB 534
AN ACT RELATING TO COURTS AND CIVIL PROCEDURE -- PROCEDURE GENERALLY -- THIRD-PARTY LITIGATION FINANCING CONSUMER PROTECTION ACT
2025 Regular Session
Introduced by Sam Bell and 2 co-sponsors
SB 534 regulates third-party litigation financing by requiring disclosure, limiting fees, and imposing consumer protections to prevent predatory terms in plaintiff funding agreements.
03/13/2025 Committee recommended measure be held for further study