Effective: March 23, 2018
Latest Legislation: House Bill 223 - 132nd General Assembly
No direct or indirect transfer of structured settlement payment rights shall be effective, and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to a transferee or assignee of structured settlement payment rights, unless the transfer has been approved in advance in a final order of a court of competent jurisdiction based on express findings by the court of all of the following:
(A) The transfer is in the best interest of the payee, taking into account the welfare and support of the payee's dependents.
(B) The payee has been advised in writing by the transferee to seek independent professional advice regarding the transfer and has either received that advice or knowingly waived in writing the opportunity to seek and receive that advice.
(C) The transfer does not contravene any applicable statute or order of any court or other government authority.
Structure Ohio Revised Code
Title 23 | Courts-Common Pleas
Section 2323.06 | Mortgagor and Mortgagee Mediation.
Section 2323.07 | Sale of Foreclosed Property.
Section 2323.09 | Judgment Against Married Woman.
Section 2323.12 | Judgment by Confession.
Section 2323.13 | Warrant of Attorney to Confess.
Section 2323.14 | Confession of Judgment by Attorney Named by Person in Custody.
Section 2323.21 | Rights of Infants Reserved in Judgments.
Section 2323.23 | Record Made Unless Waived.
Section 2323.24 | Contents of Record.
Section 2323.25 | Courts May Order Records Completed.
Section 2323.26 | Complete Records Need Not Be Made.
Section 2323.261 | Records of Extracounty Actions.
Section 2323.27 | Transcription of Judicial Records.
Section 2323.28 | Records in Dismissed Cases.
Section 2323.29 | Index to Judgments.
Section 2323.30 | Costs Secured by Plaintiff.
Section 2323.31 | Cash Deposits as Security; Indigent Litigants.
Section 2323.311 | Indigent Litigants.
Section 2323.32 | Rule as to Executors and Administrators.
Section 2323.33 | Action Dismissed for Want of Security for Costs; Applicability.
Section 2323.34 | Security if Plaintiff Becomes a Nonresident.
Section 2323.35 | Additional Security on Motion of Defendant.
Section 2323.36 | Judgment Entered Against Surety for Costs.
Section 2323.41 | Collateral Benefits Introduced Into Evidence.
Section 2323.42 | Motion and Hearing to Determine Good Faith of Claim.
Section 2323.43 | Limitation on Compensatory Damages That Represent Economic Loss.
Section 2323.44 | Rights of Subrogee.
Section 2323.451 | Affidavits of Merit; Discovery; Joinder.
Section 2323.46 | Fees on Summons to Another County.
Section 2323.51 | Frivolous Conduct in Filing Civil Claims.
Section 2323.52 | Civil Action to Declare Person Vexatious Litigator.
Section 2323.55 | Future Damages in Medical Malpractice Actions.
Section 2323.56 | Periodic Payments of Future Damages.
Section 2323.57 | General Verdict for Future Damages.
Section 2323.58 | Transfer of Structural Settlement Payment Rights Definitions.
Section 2323.581 | Valid Transfer of Structural Settlement Payment Rights.
Section 2323.582 | Contents and Form of Disclosure Statement.
Section 2323.583 | Transfer of Structured Settlement Payment Rights; Applicable Procedures.
Section 2323.584 | Filing Application for Approval in Advance of Transfer.
Section 2323.585 | Immunity - Waiver - Illegal Transfers.
Section 2323.586 | Settlement Obligor and Annuity Issuer Immune From Liability.
Section 2323.587 | Consumer Sales Practices Act Applicability.