Montana Statutes

§ 33-20-1409 — Disputes -- Entry Of Judgment

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 20 LIFE INSURANCE·Part 14 Structured Settlement Protection

33-20-1409 . Disputes -- entry of judgment.

(1)A transfer agreement entered into on or after October 1, 2005, by a payee who resides in this state must provide that disputes under the transfer agreement, including a claim that the payee has breached the agreement, must be determined in this state under the laws of this state.
(2)A transfer agreement may not authorize the transferee or any other party to confess judgment or consent to entry of judgment against the payee.

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Legislative History

En. Sec. 9, Ch. 351, L. 2005.

Nearby Sections

15
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