Utah HB0280 amends laws on consumer and commercial maintenance funding, defining terms and setting operational rules.

Utah HB0280 amends Utah's legal funding laws by defining terms such as "consumer maintenance funding provider" and "commercial maintenance funding provider." It distinguishes between consumer and commercial funding, extending the consumer's right of rescission and restricting foreign investment. The bill restricts specified relationships between attorneys and funding providers, ensuring that funding providers cannot make decisions or influence the conduct, settlement, or resolution of legal claims.

Utah HB0280 amends laws on consumer and commercial maintenance funding, defining terms and setting operational rules.

Utah HB0280 amends Utah's legal funding laws by defining terms such as "consumer maintenance funding provider" and "commercial maintenance funding provider." It distinguishes between consumer and commercial funding, extending the consumer's right of rescission and restricting foreign investment. The bill restricts specified relationships between attorneys and funding providers, ensuring that funding providers cannot make decisions or influence the conduct, settlement, or resolution of legal claims.