The General Assembly finds and declares that it is necessary to regulate transfers of structured settlement payment rights to:
(1) Ensure that the transfers are effectuated on fair and reasonable terms and are in the best interests of payees; and
(2) Protect payees against deceptive practices.
Structure Maryland Statutes
Courts and Judicial Proceedings
Title 5 - Limitations, Prohibited Actions, and Immunities
Subtitle 11 - Structured Settlements
Section 5-1101.1 - Findings and Declaration of General Assembly
Section 5-1102 - Transfer of Certain Structured Settlement Payment Rights
Section 5-1103 - Jurisdiction; Notice and Application for Authorization
Section 5-1105 - Liability for Payment Upon Authorization of Transfer
Section 5-1106 - Waiver and Construction
Section 5-1107 - Registration as Transferee Required
Section 5-1108 - Application for Registration as Transferee
Section 5-1109 - Acceptance of Application; Bonding
Section 5-1110 - Denial, Suspension or Revocation of Registration