Legislation
SECTION 1004
Payment of charges
Financial Services Law (FIS) CHAPTER 18-A, ARTICLE 10
§ 1004. Payment of charges. A consumer may only be required to pay
charges to a litigation funding company when the resolution of any of
the consumer's legal claims subject to a contract is final, related
appeals, if any, have been resolved, and proceeds of the settlement,
judgment, award or verdict have been received by the consumer's counsel.
charges to a litigation funding company when the resolution of any of
the consumer's legal claims subject to a contract is final, related
appeals, if any, have been resolved, and proceeds of the settlement,
judgment, award or verdict have been received by the consumer's counsel.