Life-contingent payments not to be transferred - Exception

N.D. Cent. Code § 32-03.4-08
in effect
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32-03.4-08. Life-contingent payments not to be transferred - Exception A transfer of structured settlement payment rights may not extend to any payments that are life-contingent unless, before the date on which the payee signs the transfer agreement, the transferee has established and has agreed to maintain procedures reasonably satisfactory to the annuity issuer and the structured settlement obligor for periodically confirming the payee's survival and giving the annuity issuer and the structured settlement obligor prompt written notice in the event of the payee's death.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t32c03-4.pdf#nameddest=32-03p4-08Fetched: 10/16/2026

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