Md. Code Regs. 36.02.08.01 - [Effective 6/23/2025] Definitions
A. In this chapter, the following terms have the meanings indicated.
B. Terms Defined.
(1) "Assignee" means a person who:
(a) Enters into a contract for voluntary assignment of a lottery prize payment
(b) Obtains a court order for voluntary assignment of the lottery prize winner's lottery prize payment in whole or in part; and
(c) Becomes a lottery prize winner.
(2) "Assignee affidavit" means a sworn statement of an assignee.
(3) "Assignment" means court-ordered payment of a lottery prize to an assignee or subsequent assignee and may include a divorce decree.
(4) "Assignment Law" means State Government Article, ยง
9-122(b), Annotated Code of Maryland, and this chapter.
(5) "Assignor" means:
(a) A lottery prize winner who makes the assignment of a lottery prize payment in whole or in part to an assignee or a subsequent assignee; or
(b) An assignee or subsequent assignee who seeks a court order to reassign the same or related lottery prize payment that was previously assigned by court order.
(6) "Assignor affidavit" means a sworn statement made under oath before a notary public by:
(a) A lottery prize winner who seeks to assign the lottery prize payment; or
(b) A person who was an assignee.
(7) "Contract of assignment" means the written instrument that is used to execute an assignment of a lottery prize payment.
(8) "Court" means the circuit court in the county where the Agency's headquarters is located.
(9) "Lottery prize payment" means a monetary prize that the Agency pays in installments over time that is an annuity.
(10) "Lottery prize winner" means a person who wins a lottery prize.
(11) "Petition" means a document filed in court requesting the assignment of a lottery prize payment.
Notes
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