Nevada § 604C.310 Limitations on amount to be paid to consumer litigation funding company under consumer litigation funding contract

Nevada Statutes

§ 604C.310 — Limitations on amount to be paid to consumer litigation funding company under consumer litigation funding contract

Nevada § 604C.310

Title 52TRADE REGULATIONS AND PRACTICES

Ch. 604CConsumer

REGULATION OF BUSINESS PRACTICES

This text of Nevada § 604C.310 (Limitations on amount to be paid to consumer litigation funding company under consumer litigation funding contract) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 604C.310 (2026).

Text

1.A consumer litigation funding company shall require the amount to be paid to the company under a consumer litigation funding contract to be set as a predetermined amount based upon intervals of time from the funding date though the resolution date. The amount must not exceed the funded amount plus charges not to exceed a rate of 40 percent annually.

2.The amount to be paid to a company under a consumer litigation funding contract must not be determined as a percentage of the recovery of the legal claim of a consumer.

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1. A consumer litigation funding company shall require the amount to be paid to the company under a consumer litigation funding contract to be set as a predetermined amount based upon intervals of time from the funding date though the resolution date. The amount must not exceed the funded amount plus charges not to exceed a rate of 40 percent annually.
2. The amount to be paid to a company under a consumer litigation funding contract must not be determined as a percentage of the recovery of the legal claim of a consumer.