Sell My Structured Settlement in Louisiana

Louisiana Law for Selling a Structured Settlement

Statute and Bill: La. Rev. Stat. Ann. § 9:2715 (LA H.B. 179)

Enacted: June 27, 2003 Effective: August 15, 2003

Permits the sale or assignment of Louisiana structured settlement payment rights, subject to a court’s review and approval based on showing that the proposed transfer is in the consumer’s "best interests," taking into account the welfare of the consumer’s dependents (if any). Requires certain disclosures and other consumer protections.