MCL - 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
| 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. |