26 U.S.C. 5891, read September 2026
What happens if there is no approval in United States
What 26 U.S.C. 5891 says about what happens if there is no approval in United States, quoted verbatim from 26 U.S.C. 5891, Structured settlement factoring transactions, read September 2026.
- the statute quoted here
- 26 U.S.C. 5891
- of the statutes read address this question
- 1/5
- the day these pages were read
- 2026-09-11
The statute's own words
structured settlement payment rights in a structured settlement factoring transaction a tax equal to 40 percent of the factoring discount as determined under subsection (c)(4) with respect to such factoring transaction.
That sentence is the whole of what 26 U.S.C. 5891 says on this point in the section cited. It is reproduced here for reporting and comment; it is not legal advice, and nothing on this page is our reading of it.
Where this comes from
Reproduced from 26 U.S.C. 5891, Structured settlement factoring transactions as it stood on September 2026; the plain text of that page from that day is stored beside the record, so the sentence can be checked against its origin. Across the questions asked here, 26 U.S.C. 5891 answers 3 and says nothing quotable on 2.
Cite or embed this figure
26 U.S.C. 5891 on what happens if there is no approval in United States: “structured settlement payment rights in a structured settlement factoring transaction a tax equal to 40 percent of the factoring discount as determined under subsection (c)(4) with respect to such factoring transaction.” (Structured Settlement Compare US Transfer-Law Record).
Cite as: "Structured Settlement Compare US Transfer-Law Record: What happens if there is no approval, United States", updated 2026-09-11, https://structuredsettlementcompare.com/law/united-states/what-happens-without-approval/.