§2713.4. Authority to pursue and complete transfers
A. At the time the transfer order is to be signed by the court, all transferees must
provide evidence to the court in which a structured settlement transfer proceeding is filed that
the transferee is registered to do business in this state as a structured settlement purchase
company.
B. A transfer order signed by a Louisiana court of competent jurisdiction in
accordance with this Act shall constitute a qualified order under 26 U.S.C. 5891. A transfer
order signed by a Louisiana court of competent jurisdiction after July 1, 2020, where the
transferee is not a registered structured settlement purchase company at the time the transfer
order is signed shall not constitute a qualified order under 26 U.S.C. 5891.
Acts 2019, No. 260, §1, eff. July 1, 2020.