Section 47-16-109 - Contingent right to proceeds from legal claim assignable - Priority of liens or rights in proceeds(a) The contingent right to receive an amount of the potential proceeds of a legal claim may be assigned by a consumer and that assignment is valid for the purposes of obtaining litigation financing from a litigation financier.(b) The lien of a litigation financier on a consumer's legal claim has priority over liens that attach and take effect subsequent to the attachment of the litigation financier's lien to the consumer's legal claim, except for the following: (1) Attorney liens, insurance carrier liens, medical provider liens, or liens based upon subrogation interests or rights of reimbursement related to the consumer's legal claim; and(2) Child support, Medicare, tax, or any other statutory or governmental lien.Amended by 2017 Tenn. Acts, ch. 212,s 2, eff. 7/1/2017.