"Annuity issuer" means an insurer that issues an insurance contract used to fund periodic payments under a structured settlement agreement.
"Structured settlement" means an arrangement for periodic payment of damages entered on behalf of a minor or incompetent person for personal injuries established by settlement or judgment.
"Structured settlement agreement" means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.
Official Publication of the State of Minnesota
Revisor of Statutes