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Section 5-1111 - Statement of Fees and Charges by Obligor — Maryland Law | CourtGPT
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  7. Section 5-1111 - Statement of Fees and Charges by Obligor
Maryland Legal Code

Section 5-1111 - Statement of Fees and Charges by Obligor

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If, in connection with a transfer of structured settlement payment rights, a structured settlement obligor imposes total fees and charges in excess of $350, the structured settlement obligor shall submit a statement to the payee and the transferee identifying each person who performed work in connection with the transfer, specifying to the tenth of an hour the amount of work the person performed, and specifying a reasonable hourly fee for the person’s work.