2019 Vermont Statutes
Title 9 - Commerce and Trade
Chapter 63 - Consumer Protection
§ 2480aa Legislative intent; public policy

Universal Citation: 9 V.S.A. § 2480aa

§ 2480aa. Legislative intent; public policy

Structured settlement agreements, which provide for payments to a person over a period of time, are often used in the settlement of actions such as personal injury or medical claims and serve a number of valid purposes, including protection of persons from economic victimization and ensuring a person's ability to provide for his or her future needs and obligations. It is the policy of this State that such agreements, which have often been approved by a court, should not be set aside lightly or without good reason. (Added 2011, No. 168 (Adj. Sess.), § 1.)

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