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The Alabama Structured Settlement Protection Statute
The Alabama Structured Settlement Protection Statute House Bill No. 288 ENROLLED, An Act, Relating to transfers of structured settlement payment rights; to provide definitions of terms used in this act, including a definition of the term “structured settlement” that excludes workers’ compensation settlements; to provide for required disclosures to the payee; to require a disclosure statement be provided to the payee by the transferee not less than three days prior to the date on which a payee signs a transfer agreement; to prescribe the style of and what shall be set forth in the disclosure statement from the transferee to […]