NRS 604C.080
“Consumer litigation funding company” or “company” defined.

1.

“Consumer litigation funding company” or “company” means a person that enters into a consumer litigation funding transaction with a consumer.

2.

The term does not include:

(a)

An immediate family member of a consumer;

(b)

An attorney or accountant who provides services to a consumer;

(c)

A medical provider that provides medical services on the basis of a lien against any potential litigation recovery;

(d)

A medical factoring company; or

(e)

A financial institution or similar entity:

(1)

That provides financing to a consumer litigation funding company; or

(2)

To which a consumer litigation funding company grants a security interest or transfers any right or interest in a consumer litigation funding transaction.

Source: Section 604C.080 — “Consumer litigation funding company” or “company” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-604C.­html#NRS604CSec080.

Last Updated

Jun. 24, 2021

§ 604C.080’s source at nv​.us