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La. R.S. 9:3580.13

Disclosure of financing agreements; discovery

Known as the Louisiana Consumer Credit Law

The act spans §§ 9–9 (177 sections).

Acts 2024, No. 765, §1.

A. A litigation financer with a litigation financing contract or agreement with the party shall not decide, influence, or direct the party or the party's attorney with respect to the conduct of the underlying civil proceeding or any settlement or resolution of the civil proceeding, or make any decision with respect to the conduct of the underlying civil proceeding or any settlement or resolution of the civil proceeding. The right to make these decisions remains solely with the party and the party's attorney in the civil proceeding.

B. The existence of a litigation financing contract or agreement is subject to discovery in accordance with the Code of Civil Procedure and Code of Evidence in all civil actions.

C. This Chapter shall not apply to nonprofit legal organizations funded by private donors that represent clients on a pro bono basis. Awards of costs or attorney fees to nonprofit legal organizations shall not be affected by this Chapter. This Chapter shall not be interpreted to require a nonprofit legal organization to disclose its donors or sources of funding.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.