Foreign Third-Party Litigation Funders; require disclosure to the Attorney General.
Approved by Governor
Summary
The bill requires any foreign third‑party litigation funder that finances a civil lawsuit to provide the Attorney General with written information about the funder’s foreign owners, affiliates, and any proprietary or national‑security data it receives. The disclosure must be made within 30 days of signing the funding agreement or filing the suit. The measure aims to increase transparency and protect the state from foreign influence in legal proceedings.
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