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Act 296 of 2006

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REVISED STRUCTURED SETTLEMENT PROTECTION ACT
Act 296 of 2006
AN ACT to regulate the transfer of structured settlement rights; to place conditions on the transfer of structured settlement rights; to establish a procedure for approval of transfer of structured settlement rights; and to repeal acts and parts of acts.

History: 2006, Act 296, Eff. Sept. 1, 2006

The People of the State of Michigan enact:

Document	Type	Description
Section 691.1301	Section	Short title.
Section 691.1302	Section	Definitions.
Section 691.1303	Section	Separate disclosure statement to be provided by transferee; type; contents.
Section 691.1304	Section	Transfer of structured settlement payment rights; final court order; approval; basis; findings.
Section 691.1305	Section	Transfer of structured settlement payment rights; effects.
Section 691.1306	Section	Transfer of structured settlement payment rights; application for approval; court jurisdiction; notice of proposed transfer.
Section 691.1307	Section	Waiver prohibited; scope and effect of act; failure to comply with act.
Section 691.1308	Section	Applicability of act.
Section 691.1309	Section	Repeal of MCL 691.1191 to 691.1197.
Section 691.1310	Section	Effective date.