State Structured Settlement Laws

Every state has enacted a Structured Settlement Protection Act (SSPA) governing the transfer of structured settlement payment rights. Select a state below to view its specific requirements.

Published Guides

California — Ins. Code §§ 10134–10139.5
Texas — CPRC §§ 141.001–141.007
Florida — Fla. Stat. §§ 626.99296–626.99298
New York — GOL §§ 5-1701–5-1709
Pennsylvania — 40 Pa. Cons. Stat. §§ 4001–4008
Illinois — 215 ILCS 153/10–153/90
Ohio — ORC §§ 2323.58–2323.585
New Jersey — N.J.S.A. §§ 2A:16-63–2A:16-71
Virginia — Va. Code §§ 59.1-475–59.1-479
Michigan — MCL §§ 691.1391–691.1399
North Carolina — G.S. §§ 1-543.10–1-543.15
Maryland — CJP §§ 5-1101–5-1108
New Hampshire — RSA §§ 408-D:1–408-D:12
South Carolina — 2024 Registration Act

Common SSPA Requirements

While each state’s SSPA varies, most share these core requirements:

Written disclosures at least 3 days before signing
Court approval based on the best interest standard
Notice to interested parties (annuity issuer, obligor, beneficiaries)
Right to independent advice from an attorney or CPA
Discounted present value using the Applicable Federal Rate

See full glossary of terms →

All 50 States + D.C.

States highlighted in blue have published guides. Additional guides are added regularly.

California ✓
Florida ✓
Illinois ✓
Maryland ✓
Michigan ✓
New Hampshire ✓
New Jersey ✓
New York ✓
North Carolina ✓
Ohio ✓
Pennsylvania ✓
South Carolina ✓
Texas ✓
Virginia ✓

Additional state guides are published regularly. Return to the homepage for the full 50-state index.

⚠️ Disclaimer: General information only — not legal advice. Read full disclaimer →