{"data":{"id":"us-nv/nrs-604c.100","jurisdiction":"us-nv","citation":"NRS 604C.100","heading":"“Consumer litigation funding transaction” defined.","body":"“Consumer litigation funding transaction” means a nonrecourse transaction in which:\n1. A consumer litigation funding company provides consumer litigation funding to a consumer in an amount that does not exceed $500,000; and\n2. The consumer assigns to the company a contingent right to receive an amount of the potential proceeds of a settlement, judgment, award or verdict obtained in the legal claim of the consumer.","path":["TITLE 52 — TRADE REGULATIONS AND PRACTICES","CHAPTER 604C - CONSUMER LITIGATION FUNDING","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-604C.html#NRS604CSec100","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:44Z","sha256":"de576c27e6dcf84e690639c920f449e56e7c38b17e16fbb3c223f120c3d7a14a","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-604c.090","next":"us-nv/nrs-604c.110"},"notice":"GroundRules: Original legal text. Not legal advice."}