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Alabama Structured Settlement Protection Act
HB466 By Representative Guin RFD Commerce Rd 1 20-FEB-2001 Under existing law, a lawsuit or workers’ compensation claim may be settled by the injured person receiving a structured settlement which pays benefits over a period of time.This bill would establish the Structured Settlement Protection Act.This bill would establish and require a review process for a proposed transfer of structured settlement payment benefits and provide certain requirements for the transfer of structured settlement payment rights to be effective. A BILL TO BE ENTITLED AN ACT To establish the Alabama Structured Settlement Protection Act; to provide for the transfer of […]