Nevada § 604C.640 - Annual report by licensee; composite reports; Commissioner may require additional reports
Full text of Nevada Nevada Revised Statutes § 604C.640 — Annual report by licensee; composite reports; Commissioner may require additional reports, with citation guidance and answers to common questions.
§ 604C.640. Annual report by licensee; composite reports; Commissioner may require additional reports
1. On or before January 31 of each year, a licensee shall submit a report to the Commissioner
and the Registry containing: (a) The number of consumer litigation funding transactions in which the company engaged
in this State for the immediately preceding year; (b) A summation of the total funded amount of the consumer litigation funding transactions
in which the company engaged in this State for the immediately preceding year, expressed
in dollars; and (c) The annual percentage charged to each consumer when repayment was made. 2. If a licensee operated more than one office or provides consumer litigation funding
to persons outside of the State, the licensee shall submit a composite report of all
consumer litigation funding transactions in which the company engaged for the immediately
preceding year. 3. The Commissioner shall make the information contained in the report available to
the public upon request in a manner which maintains the confidentiality of the name
of each company and consumer. 4. The Commissioner may require a licensee to file more frequent reports as the Commissioner
determines necessary.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 604C.640
What does Nevada Revised Statutes § 604C.640 cover?
Section 604C.640 ("Annual report by licensee; composite reports; Commissioner may require additional reports") 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.640?
A common citation format is "Nevada Revised Statutes § 604C.640" (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.640 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.