1. “Consumer litigation funding company” or “company” means a person that enters into a consumer litigation funding transaction with a consumer.
2. The term does not include:
(a) An immediate family member of a consumer;
(b) An attorney or accountant who provides services to a consumer;
(c) A medical provider that provides medical services on the basis of a lien against any potential litigation recovery;
(d) A medical factoring company; or
(e) A financial institution or similar entity:
(1) That provides financing to a consumer litigation funding company; or
(2) To which a consumer litigation funding company grants a security interest or transfers any right or interest in a consumer litigation funding transaction.