Posted: 2/28/2011
HB 412 on non-recourse litigation loans has received its first reading on the Senate floor and has been recommitted to committee. Our trade partners indicate that this may be a sign that the bill has the interest of leadership and is being kept alive for a final vote and passage. NAMIC encourages all its members writing in Kentucky to act now and contact senators, especially in leadership, to voice your concerns over this practice and ask them to vote “no” on this bill.