Not less than ten 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 14 point font, setting forth the following:
History. Code 1981, § 51-12-76 , enacted by Ga. L. 2021, p. 663, § 1/HB 443; Ga. L. 2022, p. 352, § 51/HB 1428.
The 2022 amendment, effective May 2, 2022, part of an Act to revise, modernize, and correct the Code, revised punctuation in paragraph (6).
Structure Georgia Code
Article 4 - Georgia Structured Settlement Protection
§ 51-12-73. Structured Settlement Purchase Companies; Requirements for Doing Business
§ 51-12-74. Prohibited Activities; Penalty for Violation
§ 51-12-75. Transfer Orders as Qualified Orders Under Federal Statutes
§ 51-12-76. Separate Disclosure Statement Provided to Payee; Requirements
§ 51-12-77. Approval of Transfer by Court Order; Requirements
§ 51-12-78. Redirecting Payments; Liability of Transferee; Dividing Payment; Compliance
§ 51-12-80. Waiver Prohibited; Governing Law; Death of Payee; Compliance by Transferee