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

IN Code § 34-50-2-5 (2019) (N/A)
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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.

As added by P.L.219-2001, SEC.6.