Nevada Code § 42.395

Procedure for approval of transfer of structured settlement payment rights
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1. An application under NRS 42.200 to 42.400 , inclusive, for approval of a
transfer of structured settlement payment rights must be made by the
transferee. The application must be brought in the district court of the county
in which the payee is domiciled, except that if the payee is not domiciled in
this State, the application must be brought in the court in this State that
approved the structured settlement agreement.
2. A timely hearing must be held on an
application for approval of a transfer of structured settlement payment rights.
The payee must appear in person at the hearing, unless the court determines
that good cause exists to excuse the payee from appearing in person.
3. Not less than 20 days before the
scheduled hearing on any application for approval of a transfer of structured
settlement payment rights pursuant to NRS
42.200 to 42.400 , inclusive, the
transferee shall file with the court and serve on all interested parties a
notice of the proposed transfer and the application for authorization. The
notice and application must include all of the following:
(a) A copy of the transferees application.
(b) A copy of the transfer agreement.
(c) A copy of the disclosure statement required
by NRS 42.380 .
(d) The payees name, age and county of domicile,
and the age of each of the payees dependents, if any.
(e) A summary of:
(1) All prior transfers by the payee to
the transferee or an affiliate of the transferee, or through the transferee or
an affiliate of the transferee to an assignee, within the 4 years immediately
preceding the date of the transfer agreement;
(2) All proposed transfers by the payee to
the transferee or an affiliate of the transferee, or through the transferee or
an affiliate of the transferee, the applications for approval of which were
denied within the 2 years immediately preceding the date of the transfer
agreement;
(3) All prior transfers by the payee to
any person or entity other than the transferee or an affiliate of the
transferee or an assignee of the transferee or an affiliate of the transferee
within the 3 years immediately preceding the date of the transfer agreement, to
the extent that the transfers or proposed transfers have been disclosed to the
transferee by the payee in writing or otherwise are actually known to the
transferee; and
(4) All prior proposed transfers by the
payee to any person or entity other than the transferee or an affiliate of the
transferee or an assignee of the transferee or affiliate of the transferee, the
applications for approval of which were denied within the 1 year immediately
preceding the date of the current transfer agreement, to the extent that the
transfers or proposed transfers have been disclosed to the transferee by the
payee in writing or otherwise are actually known to the transferee.
(f) Notification that any interested party is
entitled to support, oppose or otherwise respond to the transferees
application, either in person or by counsel, by submitting written comments to
the court or by participating in the hearing.
(g) Notification of the time and place of the
hearing and notification of the manner in which and the date by which written
responses to the application must be filed to be considered by the court, which
date must not be less than 5 days before the hearing.
(h) Evidence of the transferees registration to
do business in this State as a structured settlement purchase company.

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