Ellen Corbett
- Democratic
Author
Existing law provides that no direct or indirect transfer of structured settlement payment rights is effective unless the transfer has been approved in advance in a final court order based on certain written court findings. This bill would specify that those provisions only apply to agreements with certain connections to California. This bill would also specify new information to be included in the written disclosure statement provided to the payee prior to executing the transfer agreement. This bill would specify circumstances the court must consider before approving the transfer. This bill would provide that every application for approval of a transfer of structured settlement payment rights shall contain specified information. This bill would also specify notice and disclosure requirements that must be complied with prior to any transfer.
Approved by Governor.
Chaptered by Secretary of State. Chapter 593, Statutes of 2009.
Enrolled. To Governor at 1 p.m.
Senate concurs in Assembly amendments. (Ayes 24. Noes 10. Page 2334.) To enrollment.
In Senate. To unfinished business.
Read third time. Passed. (Ayes 74. Noes 0. Page 2708.) To Senate.
Read third time. Amended. (Page 2672.) To third reading.
Read second time. To third reading.
Read second time. Amended. To second reading.
From committee: Do pass as amended. (Ayes 10. Noes 0.)
(Heard in committee on June 30.)
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on JUD.
To Com. on JUD.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 24. Noes 13. Page 892.) To Assembly.
Read second time. Amended. To third reading.
From committee: Do pass as amended. (Ayes 3. Noes 2. Page 701.)
Set for hearing April 28.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on JUD.
(Corrected April 21.)
Hearing postponed by committee.
Set for hearing April 14.
To Com. on JUD.
From print. May be acted upon on or after March 28.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB510 | HTML |
| 02/26/09 - Introduced | |
| 04/13/09 - Amended Senate | |
| 05/05/09 - Amended Senate | |
| 06/24/09 - Amended Assembly | |
| 07/14/09 - Amended Assembly | |
| 08/20/09 - Amended Assembly | |
| 09/10/09 - Enrolled | |
| 10/11/09 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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