(1) A maintenance funding provider may only provide legal funding to an individual
if the maintenance funding provider and the individual enter into a maintenance funding
agreement that meets the requirements of Section 13-57-301.
(2) Before executing a maintenance funding agreement, a maintenance funding provider
shall file with the division a template of the maintenance funding agreement.
(3) A maintenance funding provider may not:
(a) pay or offer to pay a commission, referral fee, or any other form of consideration
to the following for referring an individual to the maintenance funding provider:
(i) an attorney authorized to practice law;
(ii) a health care provider; or
(iii) an employee, independent contractor, or other person affiliated with a person
described in Subsection (3)(a)(i) or (ii);
(b) accept a commission, referral fee, or any other form of consideration from a person
described in Subsection (3)(a) for referring an individual to the person;
(c) refer an individual or potential individual to a person described in Subsection
(3)(a), unless the referral is to a local or state bar association referral service;
(d) intentionally advertise materially false or misleading information about the maintenance
funding provider's services;
(e) make or attempt to influence a decision relating to the conduct, settlement, or
resolution of a legal action for which the maintenance funding provider provides legal
(f) knowingly pay or offer to pay court costs, filing fees, or attorney fees using
(4) A maintenance funding provider shall provide an individual who enters a maintenance
funding agreement a copy of the executed maintenance funding agreement.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.