The changes in law made by this act apply only to a consumer litigation funding agreement entered into on or after the effective date of this act. A consumer litigation funding agreement entered into before the effective date of this act is governed by the law in effect on the date the agreement was entered into, and the former law is continued in effect for that purpose. Nothing in this act shall in any way affect or invalidate any consumer litigation funding agreement previously effectuated prior to the effective date of this act.
Added by Laws 2013, c. 386, § 17, eff. Nov. 1, 2013.
NOTE: Editorially renumbered from Title 14A, § 3-717 to avoid a duplication in numbering.