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HB 3205

Establishes provisions relating to the funding of legal actions, including foreign funding and litigation funding agreements

Session: 2026

This bill provides that no foreign principal or an agent of a foreign principal, as defined in the bill, will engage in litigation funding in this state. Additionally, no foreign principal or agent will invest in, finance, fund, or loan money to a Missouri litigation funder, as defined in the bill. A person engaged in litigation funding may not become affiliated with or maintain an affiliation with a foreign principal or an agent thereof. Additionally, such person may not allow a foreign principal or agent to invest in, maintain an ownership interest in, or exercise any control over a litigation funding agreement or litigation funded through such an agreement. Any person who willfully and knowingly violates these provisions is guilty of a class E felony.

Vote History

Third Read and Passed 🔗

House • 2026-03-11
Passed
Yea: 144 | Nay: 1 | P: 0
Democrats: 43 Y / 1 N
Republicans: 101 Y / 0 N