Structured Settlement Guide For Oklahoma

Below is local Oklahoma information related to courts, and structured settlement topics. You may have to visit or phone call a local Oklahoma courthouse when working with your structured settlement.

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Oklahoma City Court Pages

Click to go to Site: Oklahoma Main Court Pages
Click to go to Site: Oklahoma County Courts


The following Oklahoma cities have court information at above links:

• Oklahoma City
• Tulsa
• Norman
• Lawton
• Broken Arrow
• Edmond
• Midwest City
• Enid
• Moore
• Stillwater
• Muskogee
• Bartlesville
• Shawnee
• Ponca City
• Ardmore
• Duncan
  

Structured Settlement Oklahoma State Laws

§12-3244. Waiver of provisions – Disputes - Life-contingent payments - Liability. A. The provisions of the Structured Settlement Protection Act of 2001 may not be waived by any payee. B. Any transfer agreement entered into on or after the effective date of this act by a payee who resides in this state shall provide that disputes under such transfer agreement, including any claim that the payee has breached the agreement, shall be determined in and under the laws of this state. No such transfer agreement shall authorize the transferee or any other party to confess judgment or consent to entry of judgment against the payee. C. No transfer of structured settlement payment rights shall extend to any payments that are life-contingent unless, prior to the date on which the payee signs the transfer agreement, the transferee has established and has agreed to maintain procedures reasonably satisfactory to the annuity issuer and the structured settlement obligor for 1. Periodically confirming the payee’s survival; and 2. Giving the annuity issuer and the structured settlement obligor prompt written notice in the event of the payee’s death. D. No payee who proposes to make a transfer of structured settlement payment rights shall incur any penalty, forfeit any application fee or other payment, or otherwise incur any liability to the proposed transferee or any assignee based on any failure of such transfer to satisfy the conditions of this act. E. Nothing contained in this act shall be construed to authorize any transfer of structured settlement payment rights in contravention of any law or to imply that any transfer under a transfer agreement entered into prior to the effective date of this act is valid or invalid. F. Compliance with the requirements set forth in Section 3 of this act and fulfillment of the conditions set forth in Section 4 of this act shall be solely the responsibility of the transferee in any transfer of structured settlement payment rights, and neither the structured settlement obligor nor the annuity issuer shall bear any responsibility for, or any liability arising from, noncompliance with such requirements or failure to fulfill such conditions.

* See more and actual structured settlement statutes at Oklahoma State government law site pages

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