§ 1-16-607 — 1-16-603. Required disclosures to payee

(a) Not less than three (3) days prior to the date on
which a payee signs a transfer agreement, the transferee shall
provide to the payee a separate disclosure statement, in bold
type no smaller than fourteen (14) points, setting forth:
(i) The amounts and due dates of the structured
settlement payments to be transferred;
(ii) The aggregate amount of the payments;
(iii) The discounted present value of the payments to
be transferred and the amount of the applicable federal rate
used in calculating the discounted present value;
(iv) The gross advance amount;
(v) An itemized listing of all applicable transfer
fees, other than attorneys' fees and related disbursements
payable in connection with the transferee's application for
approval of the transfer and the transferee's best estimate of
the amount of any such fees and disbursements;
(vi) The net advance amount;
(vii) The amount of any penalties or liquidated
damages payable by the payee in the event of any breach of the
transfer agreement by the payee;
(viii) A statement that the payee has the right to
cancel the transfer agreement without penalty or further
obligation not later than the third business day after the date
the agreement is signed by the payee.