N.Y. Financial Services Law § 1006: Violations

§ 1006. Violations. (a) Any litigation funding company found in

willful violation of any provision of this article in a specific funding

case: (i) waives its right to recover the charges, as defined in

subsection (b) of section one thousand one of this article, in that

particular case; and (ii) shall be liable for a civil penalty of not

more than five thousand dollars for each violation, which shall accrue

to the state of New York and may be recovered in a civil action brought

by the attorney general.

(b) Nothing in this article shall be construed to restrict the

exercise of powers or the performance of the duties of the New York

state attorney general, which such attorney general is authorized to

exercise or perform by law.