Section 3: Waiver of Secs. 2 to 4; payee penalty for failure to transfer
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/ma/part-iii/title-ii/chapter-231c/3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 3.
(a)The provisions of sections 2 to 4, inclusive, shall not be waived.
(b)No payee who proposes to make a transfer of structured settlement payment rights shall 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 section 2.