§ 5-1101.1
47 words·~1 min read·
/md/courts-and-judicial-proceedings/5-1101-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–1101.1.
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.