N.Y. General Business Law Section 899-LLL
Reporting


1.

Each consumer litigation funding company that engages in business in the state shall submit a report to the department of state no later than the thirty-first of January of each year specifying:

(a)

number of consumer litigation fundings by the company;

(b)

summation of funded amounts in dollar figure; and

(c)

annual percentage charged to each consumer where repayment was made.

2.

The department of state shall make such information available to the public, in a manner which maintains the confidentiality of the name of each company and consumer, no later than ninety days after the reports are submitted. * NB Effective June 17, 2026

Source: Section 899-LLL — Reporting, https://www.­nysenate.­gov/legislation/laws/GBS/899-LLL (updated Dec. 26, 2025; accessed Jan. 10, 2026).

Verified:
Jan. 10, 2026

Last modified:
Dec. 26, 2025

§ 899-LLL. Reporting's source at nysenate​.gov

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