43 chapters · 873 sections in this title.
W.S. § 1-16-602 Definitions
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Definitions. (a) As used in this act: (i) "Annuity issuer" means an insurer that has issued a contract to fund periodic payments under a structured settlement; (ii) "Dependents" include a payee's spouse and minor children and all other persons for whom the payee is legally obliga…
W.S. § 1-16-603 Required disclosures to payee
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Required disclosures to payee. (a) Not less than three (3) days prior to the date on which a payee signs a transfer agreement, the transferee shall provide to the payee a separate disclosure statement, in bold type no smaller than fourteen (14) points, setting forth: (i) The amou…
W.S. § 1-16-604 Approval of transfers of structured settlement payment rights
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Approval of transfers of structured settlement payment rights. (a) No direct or indirect transfer of structured settlement payment rights shall be effective and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to any …
W.S. § 1-16-605 Effects of transfer of structured settlement payment rights
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Effects of transfer of structured settlement payment rights. (a) Following a transfer of structured settlement payment rights under this act: (i) The structured settlement obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released fr…