§ 2480ee. Effects of transfer of structured settlement payment rights
Following a transfer of structured settlement payment rights under this subchapter:
(1) the structured settlement obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released from any and all liability for the transferred payments;
(2) the transferee shall be liable to the structured settlement obligor and the annuity issuer:
(A) if the transfer contravenes the terms of the structured settlement for any taxes incurred by such parties as a consequence of the transfer; and
(B) for any other liabilities or costs, including reasonable costs and attorney’s fees, arising from compliance by such parties with the order of the court or arising as a consequence of the transferee’s failure to comply with this subchapter;
(3) neither the annuity issuer nor the structured settlement obligor may be required to divide any periodic payment between the payee and any transferee or assignee or between two or more transferees or assignees; and
(4) any further transfer of structured settlement payment rights by the payee may be made only after compliance with all of the requirements of this subchapter. (Added 2011, No. 168 (Adj. Sess.), § 1.)
Structure Vermont Statutes
Chapter 63 - Consumer Protection
§ 2453. Practices prohibited; antitrust and consumer protection
§ 2453a. Practices prohibited; criminal antitrust violations
§ 2453b. Retaliation prohibited
§ 2454. Purchase contracts; rescission
§ 2454a. Consumer contracts; automatic renewal
§ 2456. Confession of judgment
§ 2458. Restraining prohibited acts
§ 2459. Assurance of discontinuance
§ 2461a. Hearing aid violations
§ 2461b. Regulation of propane
§ 2461d. Price gouging of petroleum products and heating fuel products
§ 2461e. Requirements for guaranteed price plans and prepaid contracts
§ 2462. Action by State’s Attorney
§ 2463. Credit billing for certain home solicitation sales
§ 2463a. Choice of law in computer information agreement
§ 2464. Telemarketing transactions
§ 2464a. Prohibited telephone solicitations
§ 2464b. Registration of telemarketers
§ 2464c. Private cause of action
§ 2464d. Telephone preference service
§ 2464e. Robocalls; prohibition; penalty [Effective July 1, 2023]
§ 2465a. Definition of local, local to Vermont, and locally grown or made in Vermont
§ 2465b. Misrepresentation of a floral business as local
§ 2466. Goods and services appearing on telephone bill
§ 2466a. Consumer protections; prescription drugs
§ 2466b. Disclosure of fee for automatic dialing service
§ 2466c. Internet service; network management; Attorney General review and disclosure
§ 2470b. Unsafe children’s products; prohibition
§ 2470f. Prohibition of lead in children’s products
§ 2470g. Prohibition of lead in jewelry
§ 2470h. Consumer warnings; notification; phase-outs
§ 2470i. Prohibition on removal of labels
§ 2470j. Prohibition on providing substantial assistance
§ 2470cc. Required disclosures; consent
§ 2470ee. Cancellation and termination
§ 2470ff. Maximum length of plan
§ 2470kk. Required disclosures; consent
§ 2470ll. Cancellation and termination
§ 2472. Contracts between paid fundraisers and charitable organizations
§ 2473. Notice of solicitation
§ 2474. Notice not to be used as an endorsement
§ 2479a. Truth in advertising and producing musical performances
§ 2480b. Disclosures to consumers
§ 2480c. Charges for certain disclosures by credit reporting agencies
§ 2480d. Procedure in case of disputed accuracy
§ 2480h. Security freeze by credit reporting agency; time in effect
§ 2480i. Credit reporting agency duties if security freeze in place
§ 2480j. Persons not required to place security freeze
§ 2480k. Complaints to law enforcement agencies
§ 2480l. Verification of change of consumer’s address for preapproved offers of credit
§ 2480m. Limitations on use of Social Security numbers
§ 2480n. Credit report files of deceased persons
§ 2480p. Electronic payment systems
§ 2480aa. Legislative intent; public policy
§ 2480cc. Required disclosures to payee
§ 2480dd. Approval of transfers of structured settlement payment rights
§ 2480ee. Effects of transfer of structured settlement payment rights
§ 2480ff. Procedure for approval of transfers
§ 2480gg. General provisions; construction
§ 2481w. Unlicensed loan transactions
§ 2481x. Entry fees; games not based on chance
§ 2482b. Requirements for Internet dating services
§ 2482h. Solicitation; material misrepresentation
§ 2482i. Credit card terminal; finance lease provisions
§ 2483a. Security freeze for protected consumer; time in effect