Section 2323.586 | Settlement obligor and annuity issuer immune from liability.
Effective:
March 23, 2018
Latest Legislation:
House Bill 223 - 132nd General Assembly
Compliance with section 2323.582 of the Revised Code and the fulfillment of the conditions set forth in section 2323.581 of the Revised Code shall be solely the responsibility of the transferee in any transfer of structured settlement payment rights, and neither the structured settlement obligor nor the annuity issuer shall bear any responsibility for, or any liability arising from, noncompliance with the requirements or failure to fulfill the conditions.
Available Versions of this Section
- October 27, 2000 – Senate Bill 260 - 123rd General Assembly [ View October 27, 2000 Version ]
- March 23, 2018 – Amended by House Bill 223 - 132nd General Assembly [ View March 23, 2018 Version ]