Bill > SB181

This bill enacts provisions relating to contractual agreements. It repeals and replaces sections of Missouri law related to the Missouri Employers Mutual Insurance Company, a public corporation that provides workers' compensation insurance. The bill also creates new sections regulating "consumer legal funding," which allows consumers to receive advances on potential legal claim proceeds. The bill requires consumer legal funding companies to register with the Division of Finance, sets requirements for consumer legal funding contracts, and establishes various consumer protections and restrictions on these companies.

Business and Industry, Government Affairs

https://www.senate.mo.gov/23info/BTS_Web/Bill.aspx?SessionType=R&BillID=44675