---
title: O.C.G.A. § 51-12-77. Approval of transfer by court order; requirements.
collection: code
id: 51-12-77
cite_as: O.C.G.A. § 51-12-77 (2025)
canonical_url: https://georgiacommons.org/code/51-12-77
md_url: https://georgiacommons.org/code/51-12-77.md
text_url: https://georgiacommons.org/code/51-12-77/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t51-(v39)-pdf.pdf?sfvrsn=90608a4d_0#page=112
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/51-12.md
previous: https://georgiacommons.org/code/51-12-76.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: TORTS / DAMAGES / GEORGIA STRUCTURED SETTLEMENT PROTECTION
---

# O.C.G.A. § 51-12-77. Approval of transfer by court order; requirements.

No direct or indirect transfer of structured settlement payment rights shall be effective, and no structured settlement obligor or annuity issuer shall be required to make any payment directly or indirectly to any transferee or assignee of structured settlement payment rights, unless the transfer has been approved in advance in a final court order based on express findings by such court that all of the following apply:

(1) The transfer is in the best interest of the payee, taking into account the welfare and support of the payee’s dependents;

(2) The payee has been advised in writing by the transferee to seek independent professional advice regarding the transfer, and has either received such advice or knowingly waived in writing the opportunity to seek and receive such advice; and

(3) The transfer does not contravene any applicable statute or the order of any court or other government authority.

## History

Code 1981, § 51-12-77, enacted by Ga. L. 2021, p. 663, § 1/HB 443.