2013
Regular Session
Mississippi Consumer Civil Litigation Funding Act; create.
AN ACT TO CREATE THE MISSISSIPPI CONSUMER CIVIL LITIGATION FUNDING ACT; TO DEFINE CERTAIN TERMS; TO SPECIFY CERTAIN REQUIREMENTS FOR NONRECOURSE CIVIL LITIGATION FUNDING TRANSACTIONS; TO PROHIBIT CIVIL LITIGATION FUNDING PROVIDERS FROM TAKING CERTAIN ACTIONS; TO REQUIRE THAT NONRECOURSE CIVIL LITIGATION FUNDING CONTRACTS TO CONTAIN CERTAIN DISCLOSURES; TO PROVIDE THAT VIOLATIONS OF THIS ACT SHALL BE CONSIDERED TO BE UNFAIR OR DECEPTIVE ACTS OR PRACTICES IN THE CONDUCT OF TRADE OR COMMERCE; TO PROVIDE FOR CIVIL PENALTIES FOR WILLFUL VIOLATIONS OF THIS ACT; TO PROVIDE THAT NONRECOURSE CIVIL LITIGATION FUNDING TRANSACTIONS SHALL NOT BE CONSIDERED TO BE LOANS; TO SET THE MAXIMUM PERCENTAGE OF PROCEEDS PROVIDED TO A CONSUMER UNDER THIS ACT THAT A CIVIL LITIGATION FUNDING PROVIDER MAY RECEIVE; TO AMEND SECTION 75-24-5, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.
02/05/2013 at 17:42
S
B
2378
Senate Bill 2378
SB 2378
S
Dead
General Bill/Constitutional Amendment
No
Majority
July 1, 2013
Judiciary, Division A
T
../../Senate_cmtes/JA.xml
Brown
../../Senate_authors/Brown.xml
A
../../code_sections/075/00240005.xml
1
01/21 (S) Referred To Judiciary, Division A
2
02/05 (S) Died In Committee
../../../../documents/2013/pdf/SB/2300-2399/SB2378IN.pdf
../../../../documents/2013/dt/SB/2300-2399/SB2378IN.pdf
../../../../documents/2013/html/SB/2300-2399/SB2378IN.htm
../../../../documents/2013/pdf/SB/2300-2399/SB2378IN.pdf
../../../../documents/2013/dt/SB/2300-2399/SB2378IN.pdf
../../../../documents/2013/html/SB/2300-2399/SB2378IN.htm
N
../../../../documents/2013/pdf/fiscalnotes/SB2378.pdf