South Dakota Codified Laws 21-3B-10. Effect of chapter on existing laws and transfer agreements
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Nothing contained in this chapter authorizes 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 July 1, 2001, is valid or invalid.
Terms Used In South Dakota Codified Laws 21-3B-10
- 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.
Source: SL 2001, ch 106, § 10.