applicable State statute

(3)For purposes of this section, the term “applicable State statute” means a statute providing for the entry of an order, judgment, or decree described in paragraph (2)(A) which is enacted by— (A)the State in which the payee of the structured settlement is domiciled, or (B)if there is no statute described in subparagraph (A), the State in which either the party to the structured settlement (including an assignee under a qualified assignment under) or the person issuing the funding asset for the structured settlement is domiciled or has its principal place of business.

Source

26 USC § 5891(b)(3)


Scoping language

For purposes of this section
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