Transfers of Structured Settlement Payment Rights Compliance to Contract Writing is the Responsibility of the Transfer Company The California Insurance Code puts the onus on the transfer company to get all of the contracts right. The Insurance Code spells out the terms of the disclosure statement, and the transfer agreement in Sections 10136, 10137, and 10138 to the transfer company, and only the transfer company. The code below states that it is the sole responsibility of the transfer company to draft these and any other necessary contracts to “seal the deal” for a successful transfer of payment rights. […]
The post Transfers of Structured Settlement Payment<span class="entry-meta">Originally Posted on December 29, 2014 and reposted on March 10, 2019</span> appeared first on Structured Settlement Expert.