The contingent right to receive an amount of the potential proceeds of a legal claim is assignable by a consumer.
(Added by Stats. 2025, Ch. 565, Sec. 3. (AB 931) Effective January 1, 2026.)
Bus. & Prof. Code § 6255, under The California Consumer Legal Funding Act.
Bus. & Prof. Code § 6255
The contingent right to receive an amount of the potential proceeds of a legal claim is assignable by a consumer.
(Added by Stats. 2025, Ch. 565, Sec. 3. (AB 931) Effective January 1, 2026.)