Within ten days after a judgment is secured against a structured settlement purchase company by a payee, the structured settlement purchase company must file a notice with the Secretary and the surety providing a copy of the judgment and the name and address of the judgment creditor; and include the status of the matter, including whether the judgment will be appealed, or has been paid or satisfied.
S.C. Code Ann. § 15-50-120
Notice of judgements required to be filed
Known as the Structured Settlement Protection Act
The act spans §§ 15-50-10 to 15-50-90 (18 sections).
2023 Act No. 22 (S.259), SECTION 12, eff January 1, 2024.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.