Structured Settlement Protection Act
South Carolina · Civil Remedies and Procedures · §§ 15-50-10 to 15-50-90 · 18 sections
Overview
The section titles you gave don't describe a Structured Settlement Protection Act. They describe a civil judgments article — docketing, judgment liens on real estate, satisfaction and assignment of judgments, plus a declaratory judgment procedure. A real SSPA governs transfers of structured settlement payment rights: court approval of a transfer, disclosure statements to the payee, independent professional advice, best-interest findings. None of that appears here. Most likely the extraction pulled the enclosing chapter/article rather than the act itself. Given that, here is copy faithful to what the titles actually support: This act governs the entry, recording, and enforcement of civil judgments and orders for the payment of money. It establishes how judgments are docketed and indexed by court clerks, when they take effect and attach as liens against a debtor's real estate, and how those liens are ranked, postponed, assigned, discharged, or satisfied of record. It also provides for security and bonds in place of immediate enforcement, remedies between a principal and a surety, related fees and costs, and a procedure by which a court may declare the rights and legal relations of interested parties. If you want the real SSPA overview instead, re-run the extraction against the correct sections — I can write it once the titles cover transfer approval and payee protections rather than judgment liens. Publishing the label with either body as-is would put wrong content on 17 state pages.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
In the courts
Sections of this act have been cited in 1 court decision.
Most-cited authority: 148 SW3D 711 - Johnson v. Structured Asset Services, LLC
Sections covered
- S.C. Code Ann. § 15-50-10Short title1 cite
- S.C. Code Ann. § 15-50-100Registration valid for one year
- S.C. Code Ann. § 15-50-110Registration applications; bond
- S.C. Code Ann. § 15-50-120Notice of judgements required to be filed
- S.C. Code Ann. § 15-50-130Exclusions for breaches or omissions
- S.C. Code Ann. § 15-50-140Notice of modification or cancellation of bond
- S.C. Code Ann. § 15-50-150Assignees not required to register
- S.C. Code Ann. § 15-50-160Fines for failure to register before the deadline
- S.C. Code Ann. § 15-50-170Transfer orders; applicability to federal law
- S.C. Code Ann. § 15-50-20Definitions
- S.C. Code Ann. § 15-50-25Structured settlement purchase company prohibitions
- S.C. Code Ann. § 15-50-30Transfer agreements; disclosure statements
- S.C. Code Ann. § 15-50-40Direct or indirect transfer of payment rights; approval by final court order
- S.C. Code Ann. § 15-50-50Rights and obligations of obligors; discharge of liability
- S.C. Code Ann. § 15-50-60Application for approval of transfer; notice of hearing
- S.C. Code Ann. § 15-50-70Scope of transfer agreement
- S.C. Code Ann. § 15-50-80Attorney guardian ad litems to advise the court
- S.C. Code Ann. § 15-50-90Structured settlement purchase companies to register with Secretary of State
Enacted in other states
Alabama, Arkansas, Colorado, Iowa, Illinois, Louisiana, Mississippi, Montana, North Carolina, New Jersey, New Mexico, Oklahoma, Rhode Island, Tennessee, Texas, Wyoming
All South Carolina named statutes →
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