§ 4005. Discharge of structured settlement obligor and annuity issuer
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. InsuranceEffective: April 11, 2000
Effective: April 11, 2000
40 P.S. § 4005
§ 4005. Discharge of structured settlement obligor and annuity issuer
Upon an appropriate judicial order approving a petition for a transfer of structured settlement payment rights, the structured settlement obligor and annuity issuer shall be discharged from all liability for the payments and portions thereof transferred as to all parties except the transferee.
Credits
2000, Feb. 11, P.L. 1, No. 1, § 5, effective in 60 days.
40 P.S. § 4005, PA ST 40 P.S. § 4005
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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