MD SB831 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 10 2010 - 25% progression, died in committee
Action: 2010-02-12 - Hearing 3/9 at 1:00 p.m.
Pending: Senate Judicial Proceedings Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing requirements for a contract for nonrecourse civil litigation funding; regulating fees assessed by a civil litigation funding company; establishing specified prohibitions; requiring each civil litigation funding company to be licensed by the Commissioner of Financial Regulation; providing that a nonrecourse civil litigation funding transaction under the Act may not be deemed to be a loan; etc.

Tracking Information

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Title

Civil Litigation Funding

Sponsors


History

DateChamberAction
2010-02-12 Hearing 3/9 at 1:00 p.m.
2010-02-10 First Reading Judicial Proceedings

Subjects


Maryland State Sources


Bill Comments

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