Section 2323.586 | Settlement Obligor and Annuity Issuer Immune From Liability.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly Compliance with section 2323.582 of the Revised Code and the fulfillment of the conditions set forth in section 2323.581 of the Revised Code shall be solely the responsibility of the transferee in any transfer of structured settlement payment rights, and neither the […]
Section 2323.587 | Consumer Sales Practices Act Applicability.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly A violation of or failure to comply with section 2323.581, 2323.582, 2323.583, 2323.584, 2323.585, or 2323.586 of the Revised Code is an unfair or deceptive act or practice in violation of section 1345.02 of the Revised Code.
Section 2325.03 | Bona Fide Purchaser Unaffected.
Effective: November 15, 1977 Latest Legislation: Senate Bill 162 – 112th General Assembly The title to property, which title is the subject of a final judgment or order sought to be vacated, modified, or set aside by any type of proceeding or attack and which title has, by, in consequence of, or in reliance upon […]
Section 2323.57 | General Verdict for Future Damages.
Effective: June 2, 2004 Latest Legislation: House Bill 212 – 125th General Assembly In any tort action to which section 2323.55 or 2323.56 of the Revised Code does not apply, if a plaintiff makes a good faith claim against a defendant for future damages, the trier of fact shall return a general verdict and, if […]
Section 2323.58 | Transfer of Structural Settlement Payment Rights Definitions.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly As used in this section and sections 2323.581 to 2323.587 of the Revised Code: (A) “Annuity issuer” means an insurer that has issued a contract that is used to fund periodic payments under a structured settlement. (B) “Assignee” means a party acquiring […]
Section 2323.581 | Valid Transfer of Structural Settlement Payment Rights.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly No direct or indirect transfer of structured settlement payment rights shall be effective, and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to a transferee or assignee of structured settlement payment rights, unless […]
Section 2323.582 | Contents and Form of Disclosure Statement.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly Not less than ten 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 boldface type of the minimum size of fourteen points, setting forth all of […]
Section 2323.583 | Transfer of Structured Settlement Payment Rights; Applicable Procedures.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly Following a transfer of structured settlement payment rights pursuant to sections 2323.58 to 2323.585 of the Revised Code, all of the following apply: (A) The structured settlement obligor and the annuity issuer may rely on the court order approving the transfer in […]
Section 2323.584 | Filing Application for Approval in Advance of Transfer.
Effective: March 23, 2018 Latest Legislation: House Bill 223 – 132nd General Assembly (A) A transferee shall file an application under sections 2323.58 to 2323.585 of the Revised Code for the approval in advance of a transfer of structured settlement payment rights in the probate division of the court of common pleas of the county […]
Section 2323.421 | Medical Liability Action – Out-of-State Physician Deemed Licensed in Ohio to Testify.
Effective: September 13, 2004 Latest Legislation: House Bill 215 – 125th General Assembly A person licensed in another state to practice medicine, who testifies as an expert witness on behalf of any party in this state in any action against a physician for injury or death, whether in contract or tort, arising out of the […]