Section 6-11-58 – Relation to Workers’ Compensation Provisions.
Section 6-11-58 Relation to workers’ compensation provisions. Nothing in this article shall be construed to apply to any settlement under the Alabama Workers’ Compensation Law. (Act 2006-628, p. 1714, §9.)
Section 6-11-59 – Confidentiality of Settlement Terms.
Section 6-11-59 Confidentiality of settlement terms. Nothing in this article is intended to, or shall, require or allow the disclosure, publication, or dissemination of the terms of a settlement which is confidential, whether the confidentiality is created by agreement of the parties or by order of the court, or by both. (Act 2006-628, p. 1714, […]
Section 6-11-26 – No Punitive Damages Awarded Against State or Agency Thereof.
Section 6-11-26 No punitive damages awarded against state or agency thereof. Punitive damages may not be awarded against the State of Alabama or any county or municipality thereof, or any agency thereof, except any entity covered under the Medical Liability Act now codified as Section 6-5-480 et seq., or any acts amendatory thereto. (Acts 1987, […]
Section 6-11-27 – Principal, Master, etc., Not Liable for Punitive Damages for Conduct of Agent, Servant, etc.; Exceptions.
Section 6-11-27 Principal, master, etc., not liable for punitive damages for conduct of agent, servant, etc.; exceptions. (a) A principal, employer, or other master shall not be liable for punitive damages for intentional wrongful conduct or conduct involving malice based upon acts or omissions of an agent, employee, or servant of said principal, employer, or […]
Section 6-11-28 – No Cause of Action Created.
Section 6-11-28 No cause of action created. Nothing contained in this article shall be construed to grant or create a cause of action or right to recover punitive damages. (Acts 1987, No. 87-185, p. 251, §9.)
Section 6-11-29 – Wrongful Death Actions Not Affected.
Section 6-11-29 Wrongful death actions not affected. This article shall not pertain to or affect any civil actions for wrongful death pursuant to Sections 6-5-391 and 6-5-410, as amended. (Acts 1987, No. 87-185, p. 251, §10.)
Section 6-11-30 – Effective Date.
Section 6-11-30 Effective date. This article shall not affect the rights of any person if such rights accrued prior to June 11, 1987. (Acts 1987, No. 87-185, p. 251, §12.)
Section 6-11-50 – Short Title.
Section 6-11-50 Short title. This article shall be known and referred to as the “Structured Settlement Protection Act.” (Act 2006-628, p. 1714, §1.)
Section 6-11-51 – Definitions.
Section 6-11-51 Definitions. As used in this article the following words and terms shall have the following meanings: (1) ANNUITY ISSUER. An insurer that has issued a contract to fund periodic payments under a structured settlement. (2) DEPENDENTS. A payee’s spouse and minor children and all other persons for whom the payee is legally obligated […]
Section 6-11-52 – Disclosure Statement.
Section 6-11-52 Disclosure statement. Not less than three days prior to the date on which a payee signs a transfer agreement, the transferee shall provide to the payee a separate disclosure statement, in bold type no smaller than 14 points, setting forth all of the following: (1) The amounts and due dates of the structured […]