No waiver and no penalty.

  1. Law
  2. Alaska Statutes
  3. Code of Civil Procedure
  4. Costs and Attorney Fees; Settlements
  5. Structured Settlements.
  6. No waiver and no penalty.

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(a) The provisions of AS 09.60.200 - 09.60.230 may not be waived.

(b) A payee who proposes to make a transfer of structured settlement payment rights may not incur a penalty, forfeit an application fee or other payment, or otherwise incur any liability to the proposed transferee based on the failure of the transfer to satisfy the conditions of AS 09.60.200 - 09.60.230.


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