Nevada § 604C.220 - Assignment of legal claim; applicability
Full text of Nevada Nevada Revised Statutes § 604C.220 — Assignment of legal claim; applicability, with citation guidance and answers to common questions.
§ 604C.220. Assignment of legal claim; applicability
1. The contingent right to receive an amount of the potential proceeds of a legal
claim is assignable by a consumer. 2. 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. 3. 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.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 604C.220
What does Nevada Revised Statutes § 604C.220 cover?
Section 604C.220 ("Assignment of legal claim; applicability") 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.220?
A common citation format is "Nevada Revised Statutes § 604C.220" (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.220 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.