Maryland § 5-1103

Full text of Maryland Maryland Code § 5-1103, with citation guidance and answers to common questions.

§ 5-1103.

    (a)    A petition for a transfer of structured settlement payment rights under § 5–1102 of this subtitle shall be filed:

        (1)    If the payee resides in this State, in the circuit court for the county in which the payee resides; or

        (2)    If the payee does not reside in this State, in the circuit court:

            (i)    That approved the structured settlement agreement; or

            (ii)    In which the settled claim was pending when the parties entered into the structured settlement agreement, if the structured settlement was not court approved.

    (b)    A transferee shall file with the court and serve on the interested parties at least 20 days before the hearing on the petition, a notice of the proposed transfer and a petition for its authorization, including:

        (1)    A copy of the transferee’s petition;

        (2)    A copy of the transfer agreement; and

        (3)    Notification:

            (i)    Of the time and place of the hearing; and

            (ii)    That each interested party is entitled to support, oppose, or otherwise respond to the transferee’s petition, in person or by counsel, by submitting written comments to the court or by participating in the hearing.

Frequently Asked Questions About Maryland § 5-1103

What does Maryland Code § 5-1103 cover?

Section 5-1103 is part of the Maryland Code, the codified statutory law of Maryland. 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 Maryland § 5-1103?

A common citation format is "Maryland Code § 5-1103" (Maryland). 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 Maryland law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.

How does Maryland § 5-1103 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland 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 Maryland.