{"data":{"id":"us-mt/33-20-1405","jurisdiction":"us-mt","citation":"33-20-1405","heading":"Obligations after transfer.","body":"After the transfer of a structured settlement payment right pursuant to this part:\n(1) the structured settlement obligor and the annuity issuer are discharged and released from liability for the transferred payments to all parties except to the transferee;\n(2) the transferee is liable to the structured settlement obligor and the annuity issuer:\n(a) if the transfer contravenes the terms of the structured settlement for any tax incurred by the structured settlement obligor or annuity issuer as a consequence of the transfer; and\n(b) for any other liability or cost, including reasonable costs and attorney fees, arising:\n(i) from compliance by the structured settlement obligor and annuity issuer with the order of the court or responsible administrative authority; or\n(ii) as a consequence of the transferee's failure to comply with this part; and\n(3) neither the structured settlement obligor nor the annuity issuer may be required to divide a periodic payment between a payee and a transferee or assignee or between two or more transferees or assignees.","path":["TITLE 33. INSURANCE AND INSURANCE COMPANIES","CHAPTER 20. LIFE INSURANCE","Part 14. Structured Settlement Protection"],"source_url":"https://mca.legmt.gov/bills/mca/title_0330/chapter_0200/part_0140/section_0050/0330-0200-0140-0050.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:42Z","sha256":"b12116c1a0814ade71338e673dd4c5938f151c5be64c9cb4d7688a61e48887a9","source_id":"us-mt","stale":false,"prev":"us-mt/33-20-1404","next":"us-mt/33-20-1406"},"notice":"GroundRules: Original legal text. Not legal advice."}