2005 Minnesota Statutes - 549.32 — Jurisdiction; procedure for approval of transfers.

     549.32 Jurisdiction; procedure for approval of transfers.


    Subdivision 1.    Jurisdiction.  The district court has 
 nonexclusive jurisdiction over an application for authorization 
 under section 549.31 of a transfer of structured settlement 
 payment rights. 


    Subd. 2.    Notice.  Not less than 20 days before the 
 scheduled hearing on an application for authorization of a 
 transfer of structured settlement payment rights under section 
 549.31, the transferee shall file with the court or responsible 
 administrative authority and serve on:  any other government 
 authority that previously approved the structured settlement; 
 and all interested parties, a notice of the proposed transfer 
 and the application for its authorization.  The notice must 
 include: 


    (1) a copy of the transferee's application to the court or 
 responsible administrative authority; 


    (2) a copy of the transfer agreement; 


    (3) a copy of the disclosure statement required under 
 section 549.31, subdivision 1, paragraph (b); 


    (4) notification that an interested party is entitled to 
 support, oppose, or otherwise respond to the transferee's 
 application, either in person or by counsel, by submitting 
 written comments to the court or responsible administrative 
 authority or by participating in the hearing; and 


    (5) notification of the time and place of the hearing and 
 notification of the manner in which and the time by which 
 written responses to the application must be filed, in order to 
 be considered by the court or responsible administrative 
 authority.  Written responses to the application must be filed 
 within 15 days after service of the transferee's notice. 


    HIST: 1999 c 212 s 4