Legislation
SECTION 899-HHH
Violations
General Business (GBS) CHAPTER 20, ARTICLE 39-H
* § 899-hhh. Violations. 1. Any consumer litigation funding company
found in willful violation of any provision of this article in a
specific funding case: (a) waives its right to recover both the funded
amount and any and all charges, as defined in subdivision two of section
eight hundred ninety-nine-ccc of this article, in that particular case;
and (b) shall be liable for a civil penalty of not more than five
thousand dollars for each violation, which shall accrue to the state of
New York and may be recovered in a civil action brought by the attorney
general.
2. Nothing in this article shall be construed to restrict the exercise
of powers or the performance of the duties of the New York state
attorney general, which such attorney general is authorized to exercise
or perform by law.
* NB Effective June 17, 2026
found in willful violation of any provision of this article in a
specific funding case: (a) waives its right to recover both the funded
amount and any and all charges, as defined in subdivision two of section
eight hundred ninety-nine-ccc of this article, in that particular case;
and (b) shall be liable for a civil penalty of not more than five
thousand dollars for each violation, which shall accrue to the state of
New York and may be recovered in a civil action brought by the attorney
general.
2. Nothing in this article shall be construed to restrict the exercise
of powers or the performance of the duties of the New York state
attorney general, which such attorney general is authorized to exercise
or perform by law.
* NB Effective June 17, 2026