"Transfer" means any sale, assignment, pledge, hypothecation or other alienation or encumbrance of structured settlement payment rights made by a payee for consideration. The term does not include the creation or perfection of a security interest in structured settlement payment rights under a blanket security agreement entered into with an insured depository institution, in the absence of any action to redirect the structured settlement payments to the insured depository institution, or an agent or successor in interest thereof, or otherwise to enforce a blanket security interest against the structured settlement payment rights.
(Added to NRS by 2021, 1721)
Structure Nevada Revised Statutes
NRS 42.001 - Definitions; exceptions.
NRS 42.030 - Court approval of agreement to transfer structured settlement required.
NRS 42.210 - "Annuity issuer" defined.
NRS 42.215 - "Assignee" defined.
NRS 42.220 - "Dependents" defined.
NRS 42.225 - "Discounted present value" defined.
NRS 42.230 - "Gross advance amount" defined.
NRS 42.235 - "Independent professional advice" defined.
NRS 42.240 - "Interested party" defined.
NRS 42.245 - "Net advance amount" defined.
NRS 42.255 - "Periodic payments" defined.
NRS 42.260 - "Qualified assignment agreement" defined.
NRS 42.265 - "Renewal date" defined.
NRS 42.270 - "Settled claim" defined.
NRS 42.275 - "Structured settlement" defined.
NRS 42.280 - "Structured settlement agreement" defined.
NRS 42.285 - "Structured settlement obligor" defined.
NRS 42.290 - "Structured settlement payment rights" defined.
NRS 42.295 - "Structured settlement purchase company" defined.
NRS 42.300 - "Structured settlement transfer proceeding" defined.
NRS 42.305 - "Terms of the structured settlement" defined.
NRS 42.310 - "Transfer" defined.
NRS 42.315 - "Transfer agreement" defined.
NRS 42.320 - "Transfer expense" defined.
NRS 42.325 - "Transfer order" defined.
NRS 42.330 - "Transferee" defined.
NRS 42.355 - Notice of judgment against structured settlement purchase company; contents of notice.
NRS 42.365 - Certain persons exempt from registration.
NRS 42.370 - Prohibited acts; remedies for violation.
NRS 42.380 - Required disclosures to payee.
NRS 42.385 - Approval of transfers of structured settlement payment rights.
NRS 42.390 - Effects of transfer of structured settlement payment rights.
NRS 42.395 - Procedure for approval of transfer of structured settlement payment rights.