Section 1357.02 | Consumer legal funding company registration.
(A) Beginning ninety days after the effective date of this section, all consumer legal funding companies shall register with the attorney general prior to commencing any business activity in this state.
(B) The attorney general shall establish a process that allows consumer legal funding companies to register under this section. Such registration shall include, at a minimum, all of the following:
(1) The consumer legal funding company's name and domiciliary address;
(2) The names of the company's chief executive officer and chair of the board of directors, as applicable;
(3) A statement as to whether or not the company is part of a larger group of companies;
(4) An acknowledgment certified by an officer or duly appointed employee of the company that the consumer legal funding company's financiers have read this chapter.
Last updated July 22, 2026 at 12:51 PM
Available Versions of this Section
- October 6, 2026 – Enacted by House Bill 105 - 136th General Assembly [ View October 6, 2026 Version ]