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SF 148 Senate Long Description

E Providing for the protection of structured insurance settlements for periodic payment of damages for personal injuries resulting from tort or workers compensation claims; specifying conditions to transfers of structured settlement payment rights and to structured settlement agreements; providing for the unenforceability of certain confessions of judgment and for the initial required disclosure of structured settlement terms; granting the district court nonexclusive jurisdiction over approval of the transfers, specifying certain notice requirements; prohibiting waiver of the provisions, certain penalties and the assignment of settlements of claims for workers compensation (ra, ja)