Montana Title 31. Credit Transactions and Relationships § 31-4-203. Prohibition on litigation funding by foreign adversaries or foreign persons of concern

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) A foreign adversary or a foreign person of concern may not engage in litigation financing in this state.

(2) A foreign adversary or a foreign person of concern may not, directly or indirectly, invest in, finance, fund, or loan money to a litigation financer engaged in litigation financing in this state.

(3) A litigation financer engaged in litigation financing in this state may not, directly or indirectly:

(a) become affiliated with or maintain an affiliation with a foreign adversary or a foreign person of concern;

(b) receive or accept money or funds from a foreign adversary or a foreign person of concern; or

(c) allow a foreign adversary or a foreign person of concern to invest in, maintain an ownership interest in, or exercise any control over the litigation financer.

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Cite this article: FindLaw.com - Montana Title 31. Credit Transactions and Relationships § 31-4-203. Prohibition on litigation funding by foreign adversaries or foreign persons of concern - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-31-credit-transactions-and-relationships/mt-code-ann-sect-31-4-203/

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