Commercial Litigation Finance — State Coverage

Commercial litigation finance rules, state by state.

Financing requests for breach of contract, fraud, shareholder, and business tort claims, prepared with attention to each jurisdiction's professional-responsibility framework.

Criterica Capital prepares financing requests for commercial litigation for businesses, law firms, and claimants. Select a state below for its commercial-funding posture, litigation markets, and the case types most frequently litigated there.

Contact Institutional Team Commercial Litigation Finance

Nationwide Coverage

Evaluated on the claim, with your state’s rules in view.

The rules governing third-party funding of commercial claims vary by state. Some jurisdictions have no champerty or maintenance restrictions; others retain doctrines that require careful structuring. In every state, Criterica Capital helps structure commercial litigation finance as a return on capital deployed against the claim's expected recovery, not as an interest in the underlying cause of action, and coordinates with local counsel to comply with the applicable professional-responsibility rules.

What does not vary is our evaluation. Across all 51 jurisdictions, we score claims against outcome models trained on legal data, so the evaluation reflects the observed economics of comparable disputes rather than relationships or geography.

50 + DC

Jurisdictions with reference pages

Matter-level

evaluation

Local counsel

in every structure

State rules for commercial litigation finance

Each state: its commercial funding posture, whether it has a consumer legal funding statute and where it is codified, and what that means for financing a business dispute. Each state name opens the full state page.

State	Funding posture	Consumer legal funding statute	In brief
Alabama	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared in Alabama for breach of contract, business fraud, and related affirmative business claims.
Alaska	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Alaska businesses and law firms pursuing affirmative commercial claims.
Arizona	Permitted	A.R.S. §§ 12-3451 to 12-3456 (Title 12, Ch. 28)	Arizona is a receptive jurisdiction for commercial litigation finance, and the state has notably modernized its legal-services regulation.
Arkansas	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Arkansas businesses and firms pursuing affirmative commercial claims.
California	Permitted — well established	Cal. Bus. & Prof. Code §§ 6250–6256	California is the largest and most active litigation finance market in the United States.
Colorado	Permitted	Colo. Rev. Stat. §§ 5-9.6-101 et seq.	Colorado is a receptive jurisdiction for commercial litigation finance.
Connecticut	Permitted	Conn. Gen. Stat. §§ 36a-555 to 36a-573	Commercial litigation finance requests can be prepared for Connecticut businesses and firms pursuing affirmative commercial claims.
Delaware	Permitted — well established	No dedicated statute; common law applies	Delaware is the nation's central forum for corporate and commercial litigation, and commercial litigation finance for claims arising there is well established.
Florida	Permitted	No dedicated statute; common law applies	Florida is one of the most active litigation markets in the country, and commercial litigation finance requests can be prepared for Florida businesses and firms pursuing breach of contract, fraud, and business tort claims.
Georgia	Permitted	O.C.G.A. Title 7, Ch. 10, §§ 7-10-1 et seq.	Commercial litigation finance requests can be prepared for Georgia businesses and firms pursuing affirmative commercial claims.
Hawaii	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Hawaii businesses and firms pursuing affirmative commercial claims.
Idaho	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Idaho businesses and firms pursuing affirmative commercial claims.
Illinois	Permitted	815 ILCS 121/1 et seq.	Illinois is a major litigation market, and commercial litigation finance requests can be prepared for Illinois businesses and firms pursuing breach of contract, fraud, and shareholder claims.
Indiana	Permitted with structuring	Ind. Code Title 24, Art. 12, Ch. 1–4.5 (esp. § 24-12-4.5-2)	Commercial litigation finance requests can be prepared for Indiana businesses and firms pursuing affirmative commercial claims.
Iowa	Permitted	Iowa Code Ch. 537C	Commercial litigation finance requests can be prepared for Iowa businesses and firms pursuing affirmative commercial claims.
Kansas	Permitted	HB 2518 (2026 session) — K.S.A. citation not yet finalized in the statute book	Commercial litigation finance requests can be prepared for Kansas businesses and firms pursuing affirmative commercial claims.
Kentucky	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Kentucky businesses and firms pursuing affirmative commercial claims.
Louisiana	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Louisiana businesses and firms pursuing affirmative commercial claims.
Maine	Permitted	9-A M.R.S. Art. 12, §§ 12-101–12-107	Commercial litigation finance requests can be prepared for Maine businesses and firms pursuing affirmative commercial claims.
Maryland	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Maryland businesses and firms pursuing affirmative commercial claims.
Massachusetts	Permitted — well established	No dedicated statute; common law applies	Massachusetts is a receptive jurisdiction for commercial litigation finance, with case law recognizing the permissibility of properly structured funding.
Michigan	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Michigan businesses and firms pursuing affirmative commercial claims.
Minnesota	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Minnesota businesses and firms pursuing affirmative commercial claims.
Mississippi	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Mississippi businesses and firms pursuing affirmative commercial claims.
Missouri	Permitted	Mo. Rev. Stat. §§ 436.550–436.572	Commercial litigation finance requests can be prepared for Missouri businesses and firms pursuing affirmative commercial claims.
Montana	Permitted	Mont. Code Ann. Title 31, Ch. 4, Part 1 (§ 31-4-104)	Commercial litigation finance requests can be prepared for Montana businesses and firms pursuing affirmative commercial claims.
Nebraska	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for Nebraska businesses and firms pursuing affirmative commercial claims.
Nevada	Permitted	Nev. Rev. Stat. Ch. 604C	Commercial litigation finance requests can be prepared for Nevada businesses and firms pursuing affirmative commercial claims.
New Hampshire	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for New Hampshire businesses and firms pursuing affirmative commercial claims.
New Jersey	Permitted	No dedicated statute; common law applies	New Jersey is a major litigation market, and commercial litigation finance requests can be prepared for New Jersey businesses and firms pursuing breach of contract, fraud, and business tort claims.
New Mexico	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for New Mexico businesses and firms pursuing affirmative commercial claims.
New York	Permitted — well established	N.Y. Gen. Bus. Law §§ 899-ccc–899-mmm	New York is the nation's premier commercial litigation finance market, with a deep body of practice and a statutory safe harbor for larger funding transactions.
North Carolina	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for North Carolina businesses and firms pursuing affirmative commercial claims.
North Dakota	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for North Dakota businesses and firms pursuing affirmative commercial claims.
Ohio	Permitted with structuring	Ohio Rev. Code § 1349.55 (current, through 10/5/2026); Ohio Rev. Code §§ 1357.01–1357.10 (effective 10/6/2026)	Commercial litigation finance requests can be prepared for Ohio businesses and firms pursuing affirmative commercial claims.
Oklahoma	Permitted	Okla. Stat. tit. 14A, §§ 3-801–3-817	Commercial litigation finance requests can be prepared for Oklahoma businesses and firms pursuing affirmative commercial claims.
Oregon	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Oregon businesses and firms pursuing affirmative commercial claims.
Pennsylvania	Permitted	No dedicated statute; common law applies	Pennsylvania is a major litigation market, and commercial litigation finance requests can be prepared for Pennsylvania businesses and firms pursuing breach of contract, fraud, and professional liability claims.
Rhode Island	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Rhode Island businesses and firms pursuing affirmative commercial claims.
South Carolina	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for South Carolina businesses and firms pursuing affirmative commercial claims.
South Dakota	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for South Dakota businesses and firms pursuing affirmative commercial claims.
Tennessee	Permitted	Tenn. Code Ann. §§ 47-16-101–110	Commercial litigation finance requests can be prepared for Tennessee businesses and firms pursuing affirmative commercial claims.
Texas	Permitted — well established	No dedicated statute; common law applies	Texas is one of the largest and most active litigation finance markets in the country, and commercial funding is well established.
Utah	Permitted	Utah Code Ann. §§ 13-57-101 et seq.	Utah is a forward-looking jurisdiction for legal-services innovation, and commercial litigation finance requests can be prepared for Utah businesses and firms pursuing affirmative commercial claims.
Vermont	Permitted	8 V.S.A. §§ 2251–2260	Commercial litigation finance requests can be prepared for Vermont businesses and firms pursuing affirmative commercial claims.
Virginia	Permitted with structuring	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Virginia businesses and firms pursuing affirmative commercial claims.
Washington	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Washington businesses and firms pursuing affirmative commercial claims.
Washington, DC	Permitted — well established	No dedicated statute; common law applies	The District of Columbia is a sophisticated jurisdiction for commercial litigation finance, with a concentration of high-stakes federal and regulatory commercial litigation.
West Virginia	Permitted with structuring	See the state page	Commercial litigation finance requests can be prepared for West Virginia businesses and firms pursuing affirmative commercial claims.
Wisconsin	Permitted with structuring	Wis. Stat. § 804.01(2)(bg)	Commercial litigation finance requests can be prepared for Wisconsin businesses and firms pursuing affirmative commercial claims.
Wyoming	Permitted	No dedicated statute; common law applies	Commercial litigation finance requests can be prepared for Wyoming businesses and firms pursuing affirmative commercial claims.

Criterica Capital editorial · Last reviewed October 17, 2026

By state: Law firm capital · Portfolio finance

Northeast

Commercial litigation finance rules, state by state.

State rules for commercial litigation finance

Ready when you are.

Related reading