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§ 34-50-2-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 34 - Civil Law and Procedure/
  5. Article 50 - Settlement of Claims/
  6. Chapter 2 - Annuity Structured Settlements34-50-2-1. "Interested Party"/
  7. § 34-50-2-5
Indiana Legal Code

§ 34-50-2-5

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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.