Sell My Structured Settlement in North Carolina

North Carolina Law for Selling a Structured Settlement

Statute and Bill: N.C. Gen. Stat. Art. 44B §§ 1-543.10 – 1-543.15 and Art. 33 § 1-394.1

Enacted: August 04, 1999 Effective: October 01, 1999

Permits the sale or assignment of North Carolina 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.