CO HB1329

Foreign third-party litigation funders from countries of concern (as defined in 15 CFR 7.4) must disclose to the Colorado Attorney General their name, address, citizenship/country of incorporation, and submit copies of litigation financing agreements within 35 days of execution

Foreign funders are prohibited from using domestic entities to provide litigation financing, directing or influencing attorneys on case conduct or settlement decisions, and sharing proprietary or national security information obtained through the financing agreement

Litigation financing agreements that violate these requirements are void, and violations constitute unfair or deceptive trade practices enforceable by the Attorney General through fines, operating bans, or other sanctions

The Department of Law must report annually beginning January 2026 on foreign entity disclosures and enforcement actions taken against violators

Exemptions apply to nonprofit 501(c)(3) organizations providing pro bono representation, contingency fee arrangements, health-care provider liens, and loans not contingent on case outcomes