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2021 Maryland Statutes
Courts and Judicial Proceedings
Title 5 - Limitations, Prohibited Actions, and Immunities
Subtitle 11 - Structured Settlements
Section 5-1111 - Statement of Fees and Charges by Obligor
Universal Citation: MD. Courts and Judicial Proceedings Code Ann. § 5-1111 (2021)
If, in connection with a transfer of structured settlement payment rights, a structured settlement obligor imposes total fees and charges in excess of $350, the structured settlement obligor shall submit a statement to the payee and the transferee identifying each person who performed work in connection with the transfer, specifying to the tenth of an hour the amount of work the person performed, and specifying a reasonable hourly fee for the person’s work.
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