# N.D. Cent. Code § 32-03.4-08: 32-03.4-08. Life-contingent payments not to be transferred - Exception

> North Dakota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-08

## Section

- **Citation:** N.D. Cent. Code § 32-03.4-08
- **Heading:** 32-03.4-08. Life-contingent payments not to be transferred - Exception
- **Jurisdiction:** North Dakota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ND Code / Title 32 / Chapter 32-03.4 / Section 32-03.4-08

## Text

32-03.4-08. Life-contingent payments not to be transferred - Exception

A transfer of structured settlement payment rights may not extend to any payments that are

life-contingent unless, before the date on which the payee signs the transfer agreement, the

transferee has established and has agreed to maintain procedures reasonably satisfactory to

the annuity issuer and the structured settlement obligor for periodically confirming the payee's

survival and giving the annuity issuer and the structured settlement obligor prompt written notice

in the event of the payee's death.

## Nearby sections

- [N.D. Cent. Code § 32-03.4-01 32-03.4-01. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-01.md)
- [N.D. Cent. Code § 32-03.4-02 32-03.4-02. Required disclosures to payee](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-02.md)
- [N.D. Cent. Code § 32-03.4-03 32-03.4-03. Approval of transfers of structured settlement payment rights](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-03.md)
- [N.D. Cent. Code § 32-03.4-04 32-03.4-04. Effects of transfer of structured settlement payment rights](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-04.md)
- [N.D. Cent. Code § 32-03.4-05 32-03.4-05. Procedure for approval of transfers](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-05.md)
- [N.D. Cent. Code § 32-03.4-06 32-03.4-06. No waiver by payee](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-06.md)
- [N.D. Cent. Code § 32-03.4-07 32-03.4-07. Disputes decided under state law](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-07.md)
- [N.D. Cent. Code § 32-03.4-08 32-03.4-08. Life-contingent payments not to be transferred - Exception](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-08.md)
- [N.D. Cent. Code § 32-03.4-09 32-03.4-09. No payee liability for failure to comply with chapter](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-09.md)
- [N.D. Cent. Code § 32-03.4-10 32-03.4-10. Effect of chapter on existing laws and transfer agreements](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-10.md)
- [N.D. Cent. Code § 32-03.4-11 32-03.4-11. Transferee solely responsible for certain requirements](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-11.md)
- [N.D. Cent. Code § 32-03.4-12 32-03.4-12. Penalty](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-12.md)
- [N.D. Cent. Code § 32-03.4-13 32-03.4-13. Applicability of chapter](https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ND_T32_C32-03.4_S32-03.4-08. Check the current official text before relying on it. Not legal advice.