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.