§ 682.6

682.6 Procedure for approval of transfers. 1. An application under this chapter for approval of a transfer of structured settlement payment rights shall be made by the transferee and may be brought in the county in whichthe payee resides, in the county in which the structured settlement obligor or the annuityissuer maintains its principal place of business, or in any court or before any responsibleadministrative authority which approved the structured settlement agreement. 2. Not less than twenty days prior to the scheduled hearing on any application for approval of a transfer of structured settlement payment rights under section 682.4, the transferee shallfile with the court or responsible administrative authority and serve on all interested parties anotice of the proposed transfer and the application for its authorization. All of the followingshall be included with the notice: a. A copy of the transferee’s application.b. A copy of the transfer agreement.c. A copy of the disclosure statement required under section 682.3.d. A listing of each of the payee’s dependents, together with each dependent’s age.e.

pplication.b. A copy of the transfer agreement.c. A copy of the disclosure statement required under section 682.3.d. A listing of each of the payee’s dependents, together with each dependent’s age.e. Notification that any interested party is entitled to support, oppose, or otherwise respond to the transferee’s application, either in person or by counsel, by submitting writtencomments to the court or responsible administrative authority, or by participating in thehearing. f. Notification of the time and place of the hearing and notification of the manner in which and the time by which written responses to the application must be filed, which shall not beless than fifteen days after service of the transferee’s notice, in order to be considered by thecourt or responsible administrative authority. 3. If a structured settlement agreement or transfer agreement includes a provision requiring the terms of the structured settlement agreement or transfer agreement to remainconfidential, the financial terms of the structured settlement agreement and the transferagreement shall be made available to the court or responsible administrative authorityfor purposes of any in camera proceedings, but

ncial terms of the structured settlement agreement and the transferagreement shall be made available to the court or responsible administrative authorityfor purposes of any in camera proceedings, but shall not be disclosed in the copies of thetransfer agreement and disclosure statement filed as a part of the public record. 2001 Acts, ch 85, §6, 8 Sat Dec 23 12:25:53 2023 Iowa Code 2024, Section 682.6 (15, 0)