§ 34-50-2-5 Court approval of transfers required

Codes > Indiana Code > Title 34 > Article 50 : Chapter 2 > 34-50-2-5 Court

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.