Findings and declaration of General Assembly.

  1. Law
  2. Maryland Code
  3. Courts and Judicial Proceedings
  4. Limitations, Prohibited Actions, and Immunities
  5. Structured Settlements
  6. Findings and declaration of General Assembly.

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    The General Assembly finds and declares that it is necessary to regulate transfers of structured settlement payment rights to:

        (1)    Ensure that the transfers are effectuated on fair and reasonable terms and are in the best interests of payees; and

        (2)    Protect payees against deceptive practices.


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