Vermont § 2251 - Definitions As used in this chapter:

§ 2251. Definitions As used in this chapter:

• (1) “Charges” means the amount a consumer owes to a company in addition to the funded
  amount and includes an administrative fee, origination fee, underwriting fee, processing
  fee, and any other fee regardless of how the fee is denominated, including amounts
  denominated as interest or rate. (2) “Consumer” means a natural person who is seeking or has obtained consumer litigation
  funding for a pending legal claim, provided: (A) the claim is in Vermont; or (B) the person resides or is domiciled in Vermont, or both. (3) “Consumer litigation funding” or “funding” means a nonrecourse transaction in which
  a company purchases and a consumer assigns to the company a contingent right to receive
  an amount of the potential net proceeds of a settlement or judgment obtained from
  the consumer’s legal claim. If no proceeds or net proceeds are obtained, the consumer
  is not required to repay the company the funded amount or charges. (4) “Consumer litigation funding company,” “litigation funding company,” or “company”
  means a person that provides consumer litigation funding to a consumer. The term does
  not include an immediate family member of the consumer. (5) “Funded amount” means the amount of monies provided to, or on behalf of, the consumer
  pursuant to a litigation funding contract. The term excludes charges. (6) “Health care facility” has the same meaning as in 18 V.S.A. § 9402(6). (7) “Health care provider” has the same meaning as in 18 V.S.A. § 9402(7). (8) “Litigation funding contract” or “contract” means a contract between a company and
  a consumer for the provision of consumer litigation funding. (9)(A) “Net proceeds” means the amount recovered by a consumer as a result of a legal claim
  less costs associated with the legal claim or the underlying events giving rise to
  the legal claim, including: