Fla. Stat. 626.99296, quoted verbatim
Selling a structured settlement in Florida
What Fla. Stat. 626.99296 requires before payment rights can be transferred, quoted from the statute and dated: 4 of 5 questions answered on the pages read here, the rest recorded as absences naming what was read.
- requirements quoted word for word
- 4
- questions the section does not answer
- 1
- the day these pages were read
- 2026-09-11
Where this jurisdiction stands
The most prescriptive disclosure regime of the four read: 10 days, bold type, no smaller than 14 points
Every requirement, as Fla. Stat. 626.99296 states it
| The question | What the statute says | Source |
|---|---|---|
| Whether a court has to approve the transfer | express findings by the court that: 1. The transfer complies with this section and does not contravene other applicable law | Florida Statutes s 626.99296, Transfer of structured settlement payment rights read September 2026 |
| What the court has to find | best interests of the payee, taking into account the welfare and support of the payee’s dependents; 4. The payee has received, or waived in writing his or her right to receive, independent professional advice regarding the legal, tax, and financial implications of the transfer | Florida Statutes s 626.99296, Transfer of structured settlement payment rights read September 2026 |
| Whether the payee must be told to take advice | independent professional advice concerning a transfer of structured settlement payment rights. | Florida Statutes s 626.99296, Transfer of structured settlement payment rights read September 2026 |
| What the buyer must disclose, and when | At least 10 days before the date on which the payee first incurred an obligation with respect to the transfer, the transferee provided to the payee a disclosure statement in bold type, no smaller than 14 points in size | Florida Statutes s 626.99296, Transfer of structured settlement payment rights read September 2026 |
| What happens if there is no approval | Florida Statutes s 626.99296, Transfer of structured settlement payment rights does not address this on the section read here (Florida Statutes s 626.99296, Transfer of structured settlement payment rights, read September 2026). The section conditions the effectiveness of the transfer on the court's findings rather than imposing its own penalty on the buyer; the federal 40 percent excise is what attaches to an unapproved transfer. | Florida Statutes s 626.99296, Transfer of structured settlement payment rights read September 2026 |
An absence here means we have no quotation, never that the requirement does not exist.
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Florida: 4 transfer-law requirements quoted verbatim from the statute and 1 recorded absences (Structured Settlement Compare US Transfer-Law Record).
Cite as: "Structured Settlement Compare US Transfer-Law Record: Florida", updated 2026-09-11, https://structuredsettlementcompare.com/law/florida/.
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