Sec. 5. A direct or indirect transfer of structured settlement payment rights is not effective, and a structured settlement obligor or annuity issuer is not required to make a payment directly or indirectly to a transferee, unless an Indiana court of competent jurisdiction has approved the transfer in a final order in accordance with sections 7 and 8 of this chapter.
As added by P.L.219-2001, SEC.6.
Structure Indiana Code
Title 34. Civil Law and Procedure
Article 50. Settlement of Claims
Chapter 2. Annuity Structured Settlements
34-50-2-2. "Structured Settlement"
34-50-2-5. Court Approval of Transfers Required
34-50-2-6. Disclosure Statements
34-50-2-7. Final Orders; Findings
34-50-2-8. Applications for Approval of Transfers
34-50-2-9. Effect of Disapproval of Transfers; Waiver Prohibited; Unlawful Transfers
34-50-2-11. Failure to Provide Disclosure Statement as Incurable Deceptive Act