Washington § 19.205.030 - Structured settlement payment rights — Transfer — Order — Express findings.

Full text of Washington Revised Code of Washington § 19.205.030 — Structured settlement payment rights — Transfer — Order — Express findings., with citation guidance and answers to common questions.

§ 19.205.030. Structured settlement payment rights — Transfer — Order — Express findings.

A direct or indirect transfer of structured settlement payment rights is not effective and a structured settlement obligor or annuity issuer is not required to make any payment directly or indirectly to any transferee of structured settlement payment rights unless the transfer has been approved in advance in a final court order or order of a responsible administrative authority based on express findings by such court or responsible administrative authority that:
(1) The transfer is in the best interest of the payee, taking into account the welfare and support of the payee's dependents;
(2) The payee has been advised in writing by the transferee to seek independent professional advice regarding the transfer and has either received such advice or knowingly waived such advice in writing; and
(3) The transfer does not contravene any applicable statute or the order of any court or other government authority.
[ 2001 c 178 s 4.]

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Frequently Asked Questions About Washington § 19.205.030

What does Revised Code of Washington § 19.205.030 cover?

Section 19.205.030 ("Structured settlement payment rights — Transfer — Order — Express findings.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 19.205.030?

A common citation format is "Revised Code of Washington § 19.205.030" (Washington). 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 Washington law?

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

How does Washington § 19.205.030 apply to my situation?

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