Connecticut § 52-225j Transfer of structured settlement payment rights: Effect.

Connecticut Statutes

§ 52-225j — Transfer of structured settlement payment rights: Effect.

Connecticut § 52-225j

Title 52Civil Actions

Ch. 900Court Practice and Procedure

This text of Connecticut § 52-225j (Transfer of structured settlement payment rights: Effect.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 52-225j (2026).

Text

Following a transfer of structured settlement payment rights under sections 52-225g to 52-225 l, inclusive:

(1)The structured settlement obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released from any and all liability for the transferred payments;

(2)The transferee shall be liable to the structured settlement obligor and the annuity issuer:

(A)If the transfer contravenes the terms of the structured settlement, for any taxes incurred by such parties as a consequence of the transfer, and (B) For any other liabilities or costs, including reasonable costs and attorney's fees, arising from compliance by such parties with the order of the court or responsible administrative authority or arising as a consequence of the transferee's failure to

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Following a transfer of structured settlement payment rights under sections 52-225g to 52-225 l, inclusive: (1) The structured settlement obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released from any and all liability for the transferred payments; (2) The transferee shall be liable to the structured settlement obligor and the annuity issuer: (A) If the transfer contravenes the terms of the structured settlement, for any taxes incurred by such parties as a consequence of the transfer, and (B) For any other liabilities or costs, including reasonable costs and attorney's fees, arising from compliance by such parties with the order of the court or responsible administrative authority or arising as a consequence of the transferee's failure to comply with sections 52-225g to 52-225 l , inclusive; (3) Neither the structured settlement obligor nor the annuity issuer may be required to divide any periodic payment between the payee and any transferee or assignee or between two or more transferees or assignees; and (4) Any further transfer of structured settlement payment rights by the payee may be made only after compliance with all of the requirements of sections 52-225g to 52-225 l , inclusive.