Consumers in Crisis Protection Act regulates consumer litigation funding in Minnesota, requiring disclosures, prohibiting certain practices, and.

The Consumers in Crisis Protection Act establishes rules for consumer litigation funding in Minnesota. It mandates that consumer litigation funding contracts be written clearly, contain a right of rescission, and be disclosed to all parties involved in a legal claim. The act prohibits consumer litigation funding companies from paying commissions, accepting referrals, or advertising misleading information. It also restricts the disclosure of privileged information and decision-making regarding legal claims.

Consumers in Crisis Protection Act regulates consumer litigation funding in Minnesota, requiring disclosures, prohibiting certain practices, and.

The Consumers in Crisis Protection Act establishes rules for consumer litigation funding in Minnesota. It mandates that consumer litigation funding contracts be written clearly, contain a right of rescission, and be disclosed to all parties involved in a legal claim. The act prohibits consumer litigation funding companies from paying commissions, accepting referrals, or advertising misleading information. It also restricts the disclosure of privileged information and decision-making regarding legal claims.