This article shall apply to any transfer of structured settlement payment rights under a transfer agreement entered into on or after the 30th day after July 1, 2006; provided, however, that nothing contained herein shall imply that any transfer under a transfer agreement reached prior to such date is either effective or ineffective.
Ala. Code § 6-11-57
Applicability.
Known as the Structured Settlement Protection Act
The act spans §§ 6–6 (10 sections).
(Act 2006-628, p. 1714, §8.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.