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Nevada Revised Statutes Title 52. Trade Regulations and Practices § 604C.080. “Consumer litigation funding company” or “company” defined

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 52. Trade Regulations and Practices § 604C.080. “Consumer litigation funding company” or “company” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-52-trade-regulations-and-practices/nv-rev-st-604c-080/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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