Nevada § 604C.100 - “Consumer litigation funding transaction” defined
Full text of Nevada Nevada Revised Statutes § 604C.100 — “Consumer litigation funding transaction” defined, with citation guidance and answers to common questions.
§ 604C.100. “Consumer litigation funding transaction” defined
“ Consumer litigation funding transaction ” means a nonrecourse transaction in which: 1. A consumer litigation funding company provides consumer litigation funding to a
consumer in an amount that does not exceed $500,000; and 2. 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.
Frequently Asked Questions About Nevada § 604C.100
What does Nevada Revised Statutes § 604C.100 cover?
Section 604C.100 ("“Consumer litigation funding transaction” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 604C.100?
A common citation format is "Nevada Revised Statutes § 604C.100" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 604C.100 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.