“Gross advance amount” means the sum payable to the payee or for the payee’s account as consideration for a transfer of structured settlement payment rights, before any reductions for transfer expenses or other deductions to be made from such consideration.
NRS 42.230
“Gross advance amount” defined
Known as the Structured Settlement Protection Act
The act spans §§ 42–42 (47 sections).
(Added to NRS by 2021, 1720)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.