FORM OF AGREEMENT; REQUIREMENT OF EXISTING LEGAL CLAIM. A. A consumer litigation funding agreement shall:1. Be in writing;2. Contain the initials of the consumer on each page; and3. Be otherwise complete when presented to the consumer for signature.B. A consumer litigation funding agreement may be entered into only if the agreement relates to:1. An existing legal claim that has been made by or on behalf of the consumer against another person, including the other person's insurer or the consumer's own insurer; or2. An existing proceeding in which the consumer's legal claim is intended to be resolved and with regard to which the consumer is represented by an attorney.Added by Laws 2013, c. 386, § 5, eff. Nov. 1, 2013.NOTE: Editorially renumbered from Title 14A, § 3-705 to avoid a duplication in numbering.
Oklahoma Legal Code