The Vermont Statutes Online
The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.
Subchapter 005 : TRANSFERS OF STRUCTURED SETTLEMENTS(Cite as: 9 V.S.A. § 2480aa)
§ 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.)