Arkansas Code Title 23, Subtitle 3, Chapter 81, Subchapter 7 - Structured Settlement Protection Act

• § 23-81-701 - Title.
  This subchapter shall be known and may be cited as the "Structured Settlement Protection Act".
• § 23-81-702 - Definitions.
  As used in this subchapter: (1) "Annuity issuer" means an insurer that has issued a contract to fund periodic payments under a structured settlement;...
• § 23-81-703 - Required Disclosures to Payee.
  Not less than three (3) days prior to the date on which a payee signs a transfer agreement, the transferee shall provide to the...
• § 23-81-704 - Approval of Transfers of Structured Settlement Payment Rights.
  No direct or indirect transfer of structured settlement payment rights shall be effective and no structured settlement obligor or annuity issuer shall be required...
• § 23-81-705 - Effects of Transfer of Structured Settlement Payment Rights.
  Following a transfer of structured settlement payment rights under this subchapter: (1) The structured settlement obligor and the annuity issuer shall be discharged and...
• § 23-81-706 - Procedure for Approval of Transfers.
  (a) An application under this subchapter for approval of a transfer of structured settlement payment rights shall be made by the transferee and may...
• § 23-81-707 - General Provisions -- Construction.
  (a) The provisions of this subchapter may not be waived by any payee.(b) (1) Any transfer agreement entered into on or after August 12,...

Last modified: November 15, 2016