No direct or indirect transfer of structured settlement payment rights shall be effective, and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to a transferee of structured settlement payment rights, unless the transferee has provided the payee and other interested parties with the disclosures required by section 2323.582 of the Revised Code and the transfer has been approved in advance in a final order of a court of competent jurisdiction in accordance with sections 2323.583 and 2323.584 of the Revised Code.
Effective Date: 10-27-2000
Section: Previous 2323.51 2323.52 2323.54 2323.55 2323.56 2323.57 2323.58 2323.581 2323.582 2323.583 2323.584 2323.585 2323.586 2323.587 2323.59 NextLast modified: October 10, 2016