This bill would regulate companies that provide funding for lawsuits in Michigan by requiring them to register with the state, disclose contract terms, and limit annual consumer charges to 36%. The bill also gives consumers a 10-day right to cancel funding agreements, sets detailed rules for the content of these contracts, and bans kickbacks as well as funding from certain foreign-linked entities. Additionally, it requires that funding agreements be made available for discovery in legal cases, ensuring more transparency about who is financing court cases.