142.008 – STRUCTURED SETTLEMENT. (a) In a suit in which a
Texas Property Code § 142.008
Summary
This law allows courts to approve structured settlements for minors or incapacitated persons without legal guardians. It ensures that these settlements provide periodic payments funded by government obligations or specific annuity contracts.
Applies to minors or incapacitated persons without legal guardians.
Court can approve structured settlements with periodic payments.
Funding must come from government obligations or compliant annuities.
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In simple terms: Learn about Texas's STRUCTURED SETTLEMENT. (a) In a suit in which a law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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