Cal. Ins. Code § 10139

Current through the 2023 Legislative Session.
Section 10139 - Documents the transferee shall retain after last payment under structured settlement agreement

The transferee shall retain, for three years after the date of the last payment under the structured settlement agreement, or for five years after the date of the transfer, whichever date is later, a copy of the transferee's petition for approval filed pursuant to Section 10139.5, a copy of the written disclosure statement required by subdivision (b) of Section 10136, a copy of the transfer agreement as defined in subdivision (o) of Section 10134, and, unless excepted pursuant to subparagraph (H) of paragraph (2) of subdivision (f) of Section 10139.5, a copy of the annuity contract, any qualified assignment agreement, the underlying structured settlement agreement, or any order or approval of any court or responsible administrative authority authorizing or approving the structured settlement, and a copy and proof of notice to the interested parties, and a verified statement from the transferee stating that all of the conditions set forth in Sections 10136, 10137, and 10138 have been met.

Ca. Ins. Code § 10139

Amended by Stats 2021 ch 401 (AB 1578),s 23, eff. 1/1/2022.
Amended by Stats 2009 ch 593 (SB 510),s 6, eff. 1/1/2010.
Amended by Stats 2004 ch 582 (AB 2161), s 4, eff. 1/1/2005.
Amended by Stats 2001 ch 624 (AB 268), s 6, eff. 1/1/2002.
Added October 10, 1999 (Bill Number: SB 491) (Chapter 742).
See Stats 2004 ch 582 (AB 2161), s 6.