Source: http://www.settlementexchange.org/state-structured-settlement-protection-act/sell-structured-settlements-oklahoma-sell-structured-insurance-settlements/
Timestamp: 2018-12-12 03:09:40
Document Index: 492455494

Matched Legal Cases: ['§ 1', '§ 2', '§ 3', '§ 4', '§ 5', '§ 7']

Prior to selling structured insurance settlements in OK, one needs to be keenly aware of their rights as a structured insurance settlement recipient under the Oklahoma Structured Settlement Protection Act.
Receiving lump sum cash for structured settlement payments can be an exciting proposition to a structured insurance settlement recipient in Oklahoma. Settlement Exchange recommends that you review your structured insurance recipient and annuitant rights before contemplating the sale of structured settlement payments in Oklahoma or even procuring cash quotes for your structured settlement.
We firmly believe that basic education is the key to securing the best quotes for structured insurance settlements and lottery annuity payments. We always advise that one knows their rights as protected under the Oklahoma Structured Settlement Protection Act. We also advise that one should secure their own legal advice before attempting to get cash for structured settlement payments.
The Oklahoma Structured Settlement Protection Act dictates that a transferee of structured settlements must reside in the state of Oklahoma. An Oklahoma State court must also approve the selling of the structured insurance settlement and the sale of structured insurance settlements has to be in the best interest of the structured settlement recipient in all cases.
We have attached a copy of the Oklahoma Structured Settlement Protection Act and a direct link for your benefit.
This act shall be known and may be cited as the “Structured Settlement Protection Act of 2001”.
Added by Laws 2001, c. 70, § 1, eff. Nov. 1, 2001. As used in the Structured Settlement Protection Act of 2001:
Added by Laws 2001, c. 70, § 2, eff. Nov. 1, 2001.
Added by Laws 2001, c. 70, § 3, eff. Nov. 1, 2001.
Added by Laws 2001, c. 70, § 4, eff. Nov. 1, 2001.
Added by Laws 2001 c. 70, § 5, eff. Nov. 1, 2001.
Added by Laws 2001, c. 70, § 7, eff. Nov. 1, 2001.