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2018 Indiana Code
TITLE 34. Civil Law and Procedure
ARTICLE 50. SETTLEMENT OF CLAIMS
CHAPTER 2. Annuity Structured Settlements
34-50-2-5. Court approval of transfers required
Universal Citation: IN Code § 34-50-2-5 (2018)
IC 34-50-2-5 Court approval of transfers required
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.
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