Colorado § 13-23-105 - Effect of transfer of structured settlement payment right.
Full text of Colorado Colorado Revised Statutes § 13-23-105 — Effect of transfer of structured settlement payment right., with citation guidance and answers to common questions.
§ 13-23-105. Effect of transfer of structured settlement payment right.
(1) Following a transfer of a structured settlement payment right pursuant to this article:
(a) The structured settlement obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released from all liability for the transferred payments;
(b) The transferee shall be liable to the structured settlement obligor and the annuity issuer:
(I) If the transfer contravenes the terms of the structured settlement, for any taxes incurred by such parties as a consequence of the transfer; and
(II) For any other liabilities or costs, including reasonable costs and attorney fees, arising from compliance by such parties with the order of the court or responsible administrative authority or arising as a consequence of the transferee's failure to comply with the provisions of this article;
(c) Neither the annuity issuer nor the structured settlement obligor may be required to divide any periodic payment between the payee and a transferee or assignee or between two or more transferees or assignees; and
(d) Any further transfer of structured settlement payment rights by the payee may be made only after compliance with all of the requirements of this article.
Source: L. 2004: Entire article added, p. 497, § 1, effective July 1.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 13-23-105
What does Colorado Revised Statutes § 13-23-105 cover?
Section 13-23-105 ("Effect of transfer of structured settlement payment right.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 13-23-105?
A common citation format is "Colorado Revised Statutes § 13-23-105" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 13-23-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.