The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
005
:
TRANSFERS OF STRUCTURED SETTLEMENTS
(Cite as: 9 V.S.A. § 2480aa)
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§ 2480aa. Legislative intent; public policy
Structured settlement agreements, which provide for payments to a person over a period
of time, are often used in the settlement of actions such as personal injury or medical
claims and serve a number of valid purposes, including protection of persons from
economic victimization and ensuring a person’s ability to provide for his or her future
needs and obligations. It is the policy of this State that such agreements, which
have often been approved by a court, should not be set aside lightly or without good
reason. (Added 2011, No. 168 (Adj. Sess.), § 1.)