44 jurisdictions
Is lawsuit funding legal where you are?
2026
What changed this year
Three material changes landed in the first half of 2026. If you are reading an article about funding law written before this year, assume it is out of date.
Banned outright
North Carolina
HB 315, the Prohibit Litigation Investments Act, signed June 22, 2026 and effective immediately. The first outright state ban on third-party litigation financing in the country.
Now regulated
New York
The Consumer Litigation Funding Act (A804C / S1104A) took effect June 17, 2026, introducing registration, disclosure and conduct rules for consumer legal funding in the state.
Registration required
Georgia
SB 69, effective January 1, 2026. Funders must register with the Department of Banking and Finance through NMLS and meet disclosure requirements, and on advances of $25,000 or more the funding agreement is discoverable in the case.
State by state
The 44 jurisdictions we cover
| State | Can we fund there? | Why | PI deadline |
|---|---|---|---|
| Alabama | No | Restrictive — funding agreements held void | 2 yrs |
| Alaska | Yes | We fund here, on our published terms | 2 yrs |
| Arkansas | No | Restrictive, with rate rules | 3 yrs |
| Colorado | No | Restrictive — regulated as consumer credit | 2 yrs |
| Connecticut | No | Restrictive — regulated as consumer credit | 2 yrs |
| Delaware | Yes | We fund here, on our published terms | 2 yrs |
| District of Columbia | Yes | We fund here, on our published terms | 3 yrs |
| Florida | Yes | We fund here, on our published terms | 2 yrs |
| Georgia | No | Registration required | 2 yrs |
| Hawaii | Yes | We fund here, on our published terms | 2 yrs |
| Idaho | Yes | We fund here, on our published terms | 2 yrs |
| Illinois | No | License required | 2 yrs |
| Indiana | No | License plus a rate cap | 2 yrs |
| Iowa | Yes | We fund here, on our published terms | 2 yrs |
| Kansas | No | Restrictive — regulated as consumer credit | 2 yrs |
| Kentucky | No | Restrictive — champerty and maintenance doctrine | 1 yr |
| Maine | No | Registration required | 6 yrs |
| Maryland | No | Restrictive — regulated as consumer credit | 3 yrs |
| Massachusetts | Yes | We fund here, on our published terms | 3 yrs |
| Michigan | Yes | We fund here, on our published terms | 3 yrs |
| Minnesota | Yes | We fund here, on our published terms | 6 yrs |
| Missouri | No | License required | 5 yrs |
| Montana | No | Registration plus a rate cap | 3 yrs |
| Nebraska | No | Registration required | 4 yrs |
| Nevada | No | License plus fee rules | 2 yrs |
| New Hampshire | Yes | We fund here, on our published terms | 3 yrs |
| New Jersey | Yes | We fund here, on our published terms | 2 yrs |
| New Mexico | Yes | We fund here, on our published terms | 3 yrs |
| New York | No | Statute plus a company decision | 3 yrs |
| North Carolina | No | Banned outright | 3 yrs |
| North Dakota | Yes | We fund here, on our published terms | 6 yrs |
| Oklahoma | No | Registration required | 2 yrs |
| Oregon | Yes | We fund here, on our published terms | 2 yrs |
| Rhode Island | Yes | We fund here, on our published terms | 3 yrs |
| South Carolina | No | Restrictive — regulated as consumer credit | 3 yrs |
| South Dakota | Yes | We fund here, on our published terms | 3 yrs |
| Tennessee | No | Registration plus rate rules | 1 yr |
| Texas | Yes | We fund here, on our published terms | 2 yrs |
| Utah | No | Registration required | 4 yrs |
| Vermont | No | Registration required | 3 yrs |
| Virginia | Yes | We fund here, on our published terms | 2 yrs |
| Washington | Yes | We fund here, on our published terms | 3 yrs |
| West Virginia | No | License plus an 18% rate cap | 2 yrs |
| Wyoming | Yes | We fund here, on our published terms | 4 yrs |
“PI deadline” is the ordinary personal injury statute of limitations and has exceptions — claims involving minors, government defendants and injuries discovered late all run differently. Workers’ compensation runs on a separate and usually shorter clock. General information, not legal advice.
21 where we fund
In one of the 21 we serve?
Same rates everywhere: 25% per six-month period while your case is open, 15% once it has settled, capped at 2×. Call 813-798-5528 or apply in two minutes.