Nevada Revised Statutes 42.295 – ‘Structured settlement purchase company’ defined
Current as of: 2023 | Check for updates
|
Other versions
‘Structured settlement purchase company’ means a person that acts as a transferee in this State and who is registered with the Unit pursuant to NRS 42.340.
Terms Used In Nevada Revised Statutes 42.295
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.