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GEORGIA STATUTES AND CODES

§ 51-12-76 - Provisions unwaivable; no penalty or forfeiture

O.C.G.A. 51-12-76 (2010)
51-12-76. Provisions unwaivable; no penalty or forfeiture


(a) The provisions of this article may not be waived.

(b) No payee who proposes to make a transfer of structured settlement payment rights shall incur any penalty, forfeit any application fee or other payment, or otherwise incur any liability to the proposed transferee based on:

(1) Any failure of such transfer to satisfy the conditions of this article; or

(2) Any failure by the payee to execute the transfer agreement or any cancellation by the payee within the time prescribed in Code Section 51-12-72.

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