Md. Code Ann., Cts. & Jud. Proc. § 5-1101.1 – Legislative findings

(1) Ensure that the transfers are effectuated on fair and reasonable terms and are in the best interests of payees; and
(2) Protect payees against deceptive practices.

The General Assembly finds and declares that it is necessary to regulate transfers of structured settlement payment rights to:

Added by Acts 2016, c. 721, § 2, eff. Oct. 1, 2016; Acts 2016, c. 722, § 2, eff. Oct. 1, 2016.