{"data":{"id":"us-nv/nrs-604c.220","jurisdiction":"us-nv","citation":"NRS 604C.220","heading":"Assignment of legal claim; applicability.","body":"1. The contingent right to receive an amount of the potential proceeds of a legal claim is assignable by a consumer.\n2. Nothing in this chapter shall be construed to cause any consumer litigation funding transaction conforming to this chapter to be deemed a loan or to be subject to any of the provisions of law governing loans. A consumer litigation funding transaction that complies with this chapter is not subject to any other statutory or regulatory provisions governing loans or investment contracts. If there is a conflict between the provisions of this chapter and any other statute, the provisions of this chapter control.\n3. Only a lien imposed by an attorney pursuant to NRS 18.015 that is related to the legal claim of the consumer or a lien imposed by Medicare that is related to the legal claim of a consumer takes priority over any lien imposed by a consumer litigation funding company. All other liens take priority by normal operation of law.","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#NRS604CSec220","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:44Z","sha256":"c7ccc00f90819f5e5492ac81924567169d447800d8e9b2c992f76fb273c1ed92","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-604c.200","next":"us-nv/nrs-604c.240"},"notice":"GroundRules: Original legal text. Not legal advice."}