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549.33 No waiver; no penalties.

Subdivision 1. No waiver. The provisions of sections 549.30 to 549.34 may not be waived.

Subd. 2. No penalty. No payee who proposes to make a transfer of structured settlement payment rights shall incur a penalty, forfeit an application fee or other payment, or otherwise incur any liability to the proposed transferee based on the failure of the transfer to satisfy the conditions of section 549.31.

HIST: 1999 c 212 s 5