Requires disclosure of third-party litigation funding agreements and establishes certain responsibilities for litigation funders.

This bill requires parties in civil or administrative lawsuits to disclose any third-party litigation funding agreements. It also establishes that litigation funders have a fiduciary duty and can be held jointly liable for costs and sanctions. The bill prohibits funders from influencing case decisions, offering legal advice, or receiving excessive payments, and makes violations an unfair or deceptive practice.

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