N.Y. Financial Services Law § 1006

§ 1006. Violations. (a) Any litigation funding company found in\nwillful violation of any provision of this article in a specific funding\ncase: (i) waives its right to recover the charges, as defined in\nsubsection (b) of section one thousand one of this article, in that\nparticular case; and (ii) shall be liable for a civil penalty of not\nmore than five thousand dollars for each violation, which shall accrue\nto the state of New York and may be recovered in a civil action brought\nby the attorney general.\n (b) Nothing in this article shall be construed to restrict the\nexercise of powers or the performance of the duties of the New York\nstate attorney general, which such attorney general is authorized to\nexercise or perform by law.\n