Wisconsin § 895.68 Effects of transfer of structured settlement payment rights.

Wisconsin Statutes

§ 895.68 — Effects of transfer of structured settlement payment rights.

Wisconsin § 895.68

Ch. 895Damages, liability, and miscellaneous provisions regarding actions in courts

Subch.subch. III of ch. 895 SUBCHAPTER III

STRUCTURED SETTLEMENT TRANSFERS

This text of Wisconsin § 895.68 (Effects of transfer of structured settlement payment rights.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 895.68 (2026).

Text

68  A transfer of structured settlement payment rights under this subchapter includes the following effects:
68(1) (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.
68(2) (2) The transferee shall be liable to the structured settlement obligor and the annuity issuer for all of the following:
68(2)(a) (a) Any taxes incurred by such parties as a consequence of the transfer, if the transfer contravenes the terms of the structured settlement.
68(2)(b) (b) Any other liabilities or costs, including reasonable costs and attorney fees, arising from compliance by the parties with the order of the court or arising as a consequence of the tr

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895.68 A transfer of structured settlement payment rights under this subchapter includes the following effects:
895.68(1) (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.
895.68(2) (2) The transferee shall be liable to the structured settlement obligor and the annuity issuer for all of the following:
895.68(2)(a) (a) Any taxes incurred by such parties as a consequence of the transfer, if the transfer contravenes the terms of the structured settlement.
895.68(2)(b) (b) Any other liabilities or costs, including reasonable costs and attorney fees, arising from compliance by the parties with the order of the court or arising as a consequence of the transferee’s failure to comply with this subchapter.
895.68(3) (3) Neither the annuity issuer nor the structured settlement obligor may be required to divide any periodic payment between the payee and any transferee or assignee or between multiple transferees or assignees.