There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 691 - JUDICIARY
Act 296 of 2006 - REVISED STRUCTURED SETTLEMENT PROTECTION ACT (691.1301 - 691.1310)
REVISED STRUCTURED SETTLEMENT PROTECTION ACTAct 296 of 2006
AN ACT to regulate the transfer of structured settlement rights; to place conditions on the transfer of structured settlement rights; to establish a procedure for approval of transfer of structured settlement rights; and to repeal acts and parts of acts.
History: 2006, Act 296, Eff. Sept. 1, 2006
- Section 691.1301 - Short title.
- Section 691.1302 - Definitions.
- Section 691.1303 - Separate disclosure statement to be provided by transferee; type; contents.
- Section 691.1304 - Transfer of structured settlement payment rights; final court order; approval; basis; findings.
- Section 691.1305 - Transfer of structured settlement payment rights; effects.
- Section 691.1306 - Transfer of structured settlement payment rights; application for approval; court jurisdiction; notice of proposed transfer.
- Section 691.1307 - Waiver prohibited; scope and effect of act; failure to comply with act.
- Section 691.1308 - Applicability of act.
- Section 691.1309 - Repeal of MCL 691.1191 to 691.1197.
- Section 691.1310 - Effective date.
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