407.1064. Approval by court, notice. - Missouri Statutes

Approval by court, notice.

407.1064. 1. An application pursuant to sections 407.1060 to407.1068 for approval of a transfer of structured settlement payment rightsmay be brought in the circuit court in the county in which the payee isdomiciled, or in any court which approved the structured settlementagreement.

2. Not less than twenty days prior to the scheduled hearing on anyapplication for court approval of a transfer of structured settlementpayment rights pursuant to section 407.1062, the transferee shall file withthe court and serve on all interested parties a notice of the proposedtransfer and the application for its approval, including in the notice:

(1) A copy of the transferee's application to the court;

(2) A copy of the disclosure statement required pursuant tosubdivision (2) of section 407.1062; and

(3) Notification of the time and place of the hearing andnotification of the manner in which and the time by which written responsesto the application may be filed by interested parties, which shall be notless than ten days after service of the transferee's notice, in order to beconsidered by the court.

3. The provisions of sections 407.1060 to 407.1068 may not be waived.

(L. 1999 S.B. 1, et al. § 5)