Ohio Code § 2323.581
Ohio Code § 2323.581. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 2323.581.
No direct or indirect transfer of structured settlement payment rights shall be effective,
and no structured settlement obligor or annuity issuer shall be required to make any
payment directly or indirectly to a transferee or assignee of structured settlement
payment rights, unless the transfer has been approved in advance in a final order
of a court of competent jurisdiction based on express findings by the court of all
of the following: (A) The transfer is in the best interest of the payee, taking into account the welfare
and support of the payee's dependents. (B) The payee has been advised in writing by the transferee to seek independent professional
advice regarding the transfer and has either received that advice or knowingly waived
in writing the opportunity to seek and receive that advice. (C) The transfer does not contravene any applicable statute or order of any court or
other government authority.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 2323.581
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 2323.581?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 2323.581 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 2323.581 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.