Maryland Code, COURTS AND JUDICIAL PROCEEDINGS 5-1106
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Terms Used In Maryland Code, COURTS AND JUDICIAL PROCEEDINGS 5-1106
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(a) The provisions of this subtitle may not be waived.
(b) Nothing contained in this subtitle may be construed to authorize a transfer of structured settlement payment rights in contravention of applicable law or to give effect to a transfer of structured settlement payment rights that is invalid under applicable law.