KS SB54

Parties with third-party litigation funding agreements must submit the full agreement to the court for in camera review within 30 days of filing suit or executing the agreement, whichever is later

Parties must disclose to opposing parties a sworn statement identifying all contracting parties, whether the funder has control over litigation/settlement decisions, any conflicts of interest, and the nature of the financial interest

Disclosure must include whether any foreign person from a "foreign country of concern" (as defined by federal regulations on foreign adversaries and terrorist organizations) is providing direct or indirect funding

Third-party litigation funding agreements are defined as arrangements where a non-party pays litigation expenses in exchange for outcome-contingent compensation, excluding agreements limited to repayment plus interest not exceeding 11.1%

Nonprofit corporations are not required to disclose members or donors, and information about funding agreements is not admissible as evidence at trial