HB156 Alabama 2011 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: Oliver Robinson
Democrat
Session: Regular Session 2011
Title: Contracts between a consumer and a consumer legal funding company, regulated, Consumer Legal Funding Act
Description: This bill would create the Alabama Consumer Legal Funding Act. The bill would regulate contracts whereby a consumer legal funding company purchases and a consumer assigns the contingent right to receive an amount of the potential proceeds of a settlement, judgment, award, or verdict.
Subjects: Contracts

Read for the first time and referred to the House of Representatives committee on Judiciary