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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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COURTS AND JUDICIAL PROCEEDINGS |
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TITLE 5. LIMITATIONS, PROHIBITED ACTIONS, AND IMMUNITIES |
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SUBTITLE 11. STRUCTURED SETTLEMENTS |
§ 5-1104. Liability for payment upon authorization of transfer
Latest version.
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If a transfer of structure settlement payment rights has been authorized under this subtitle, neither the annuity issuer nor the structured settlement obligor shall have any liability to the payee or to any other party for any payment made to the transferee in accordance with the authorization.