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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) Any violation of this part by the litigation financer renders the litigation financing contract unenforceable by the litigation financer or any successor-in-interest to the litigation financing contract.
(2) If a litigation financer charges a rate of interest that exceeds the rate of interest allowed under 31-1-107, the litigation financer shall be subject to a penalty for usury and an action to recover excessive interest as authorized under 31-1-108.
Cite this article: FindLaw.com - Montana Title 31. Credit Transactions and Relationships § 31-4-119. Act violation--unenforceable contract - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-31-credit-transactions-and-relationships/mt-st-31-4-119/
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