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.
History: 1999 c 212 s 5