§ 1-16-606 — Procedure for approval of transfers

Wyoming § 1-16-606

• Jurisdiction: Wyoming
• Title 01: Civil Procedure
• Ch. 16: JUDGMENTS GENERALLY
• Art. 6: WYOMING STRUCTURED SETTLEMENT PROTECTION ACT

Text

(a) An application under this act for approval of a
transfer of structured settlement payment rights shall be made
by the transferee and may be brought in the Wyoming district
court that approved the structured settlement payment rights, or
the Wyoming district court in the county where the payee resides
without regard to where the structured settlement payment rights
may have accrued.
(b) Not less than twenty (20) days prior to the scheduled
hearing on an application for approval of a transfer of
structured settlement payment rights under W.S. 1-16-604, the
transferee shall file with the court and serve all interested
parties a notice of the proposed transfer and application for
its authorization, including with the notice:
(i) A copy of the transferee's application for
transfer;
(ii) A copy of the transfer agreement;
(iii) A copy of the disclosure statement required
under W.S. 1-16-603;
(iv) A listing of each of the payee's dependents,
together with each dependent's age and date of birth;
(v) Notification that any interested party may
support, oppose or otherwise respond to the transferee's
application, either in person or by counsel, by submitting
written comments to the court or by participating in the
hearing; and
(vi) Notification of the time and place of the
hearing and notification of the manner in which and the time by
which written responses to the application shall be filed, which
time shall be not less than fifteen (15) days after service of
the transferee's notice, in order to be considered by the court.