Requiring an application for authorization of a transfer of specified structured settlement payment rights to be filed in a circuit court in the county where the payee resides; requiring the payee to appear in person at the hearing on an application for authorization of a transfer of specified structured settlement payment rights; prohibiting the payee from transferring more than 25% of the discounted present value of future payments under a specified structured settlement agreement; applying the Act prospectively; etc.
Bill File Type: Pre-Filed
Effective Date(s): June 1, 2016
|Date Posted||Document Name|
|12/17/2015||Text - First - Transfer of Structured Settlements - Childhood Lead Poisoning Claims - Requirements and Limitations|
|3/18/2016||Vote - House - Committee - Judiciary|
( 5-1102, 5-1103, 5-1103.1 )
Last Updated: 2/3/2020 2:28 PM