Indiana Statutes
§ 34-50-2-5 — Court approval of transfers required
Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 50 SETTLEMENT OF CLAIMS·Ch. 2 Annuity Structured Settlements
A direct or indirect transfer of structured
settlement payment rights is not effective, and a structured settlement
obligor or annuity issuer is not required to make a payment directly or
indirectly to a transferee, unless an Indiana court of competent
jurisdiction has approved the transfer in a final order in accordance
with sections 7 and 8 of this chapter.
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Legislative History
As added by P.L.219-2001, SEC.6.
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