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Nevada consumer litigation funding bonds.
$500 flat.

Nevada requires a consumer litigation funding company to file a surety bond payable to the State, satisfactory to the Commissioner of Financial Institutions, under NRS 604C.540 — capped at $50,000. Ours is $500 flat, filed through NMLS, and the price you see is the checkout price.

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Required to license a consumer litigation funding company in Nevada under NRS 604C.540
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Fixed price, fixed amount — $50,000 bond, $500, no quote process
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Filed through NMLS alongside your license application
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Nevada consumer litigation funding bond cost?

$500 at the $50,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Here's the entire process for the NMLS bond that goes with your license filing:

NOW · ONLINE

Apply online

Business, ownership, and contact details, plus an effective date. The credit consent authorizes a soft pull only.

MINUTES, USUALLY

Pay & e-sign

Bonds like this are among the thousands of bond types that issue right after purchase. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.

SAME DAY

Upload to NMLS

Your executed bond and power of attorney arrive by email, ready to upload to your NMLS consumer litigation funding company record. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Nevada regulates consumer litigation funding — advances against the expected proceeds of a pending legal claim — under NRS Chapter 604C, administered by the Commissioner of Financial Institutions. Before licensing, NRS 604C.540 requires the applicant to file a surety bond payable to the State of Nevada and satisfactory to the Commissioner, in an amount up to $50,000, with a term running concurrent with the license.

It's a three-party arrangement: the company (the principal), the surety carrier, and the State of Nevada (the obligee), protecting the consumers the company funds. The bond secures the company's faithful conformity to Chapter 604C — the consumer protections that govern how a litigation funding contract can be written and enforced.

It is not insurance for the company — if the surety pays a valid claim, the company repays the surety. Nevada law keeps the surety on the hook for 30 days after the license terminates or the licensee dissolves, so the bond has to stay in force for the life of the license and beyond.

NRS 604C.540Nevada Revised Statutes 604C.540 requires an applicant for a consumer litigation funding company license to file, with the Commissioner of Financial Institutions, a surety bond payable to the State of Nevada, satisfactory to the Commissioner, in an amount not to exceed $50,000, with a term running concurrent with the period the license is in effect. The bond conditions the licensee's faithful conformity to NRS Chapter 604C.

You need this bond if you're

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Applying for a new Nevada consumer litigation funding company license through NMLS
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Renewing your license before the December 31 annual expiration
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Expanding into Nevada as an out-of-state litigation funding company
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Reinstating a cancelled license with a fresh bond on file
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

Upload to NMLS. Your executed bond and power of attorney arrive by email, ready to upload to your NMLS consumer litigation funding company record. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual issuing fields — including the credit consent this application requires, which authorizes a soft pull only.

Start the application →
FAQ

Common questions.

How much is the Nevada consumer litigation funding bond?The premium is $500 flat — set by our carrier's rate book for this bond, the same for every licensee. NRS 604C.540 caps the bond amount at $50,000, so there is no quote process.
Do I pay the $50,000?No. You pay $500. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?Bonds like this are among the thousands of bond types that issue right after purchase — many applicants finish in the same sitting. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score.
Where do I file the bond?Through NMLS, alongside your Nevada consumer litigation funding company license application, administered by the Commissioner of Financial Institutions. We deliver the executed bond and power of attorney ready to upload.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Finish your NMLS license filing today.

$500 flat, soft pull only, bond often issued in the same sitting. Free until issued.

Your price$500
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