Colorado § 13-23-106 - Procedure for approval of transfer.
Full text of Colorado Colorado Revised Statutes § 13-23-106 — Procedure for approval of transfer., with citation guidance and answers to common questions.
§ 13-23-106. Procedure for approval of transfer.
(1) An application under this article for approval of a transfer of a structured settlement payment right shall be made by the transferee and may be brought:
(a) In the district court for the county in which the payee resides;
(b) In the district court for the county in which the structured settlement obligor or the annuity issuer maintains its principal place of business; or
(c) In any court or before any responsible administrative authority that approved the structured settlement agreement.
(2) Not fewer than twenty days prior to the scheduled hearing on an application for approval of a transfer of structured settlement payment rights under section 13-23-104, the transferee shall file with the court or responsible administrative authority and serve on all interested parties a notice of the proposed transfer and the application for its authorization. The transferee shall file and serve:
(a) A copy of the transferee's application;
(b) A copy of the transfer agreement;
(c) A copy of the disclosure statement required pursuant to section 13-23-103;
(d) A listing of each of the payee's dependents, together with each dependent's age;
(e) A notification that any interested party is entitled to support, oppose, or otherwise respond to the transferee's application, either in person or by counsel, by submitting written comments to the court or responsible administrative authority or by participating in the hearing; and
(f) A notification of the time and place of the hearing and notification of the manner in which and the time by which written responses to the application must be filed, which shall be not fewer than fifteen days after service of the transferee's notice, in order to be considered by the court or responsible administrative authority.
Source: L. 2004: Entire article added, p. 498, § 1, effective July 1.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 13-23-106
What does Colorado Revised Statutes § 13-23-106 cover?
Section 13-23-106 ("Procedure for approval of transfer.") 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 § 13-23-106?
A common citation format is "Colorado Revised Statutes § 13-23-106" (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 § 13-23-106 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.