Illinois Compiled Statutes

215 ILCS 5/155.34 (2026)

(Repealed)

✓ current as of May 2026
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(215 ILCS 5/155.34)
    Sec. 155.34. (Repealed).
(Source: P.A. 90-655, eff. 7-30-98. Repealed by P.A. 93-502, eff. 1-1-04.)

    
Notes of Decisions
Cited in 17 cases, 1999–2013 · leading case: Grochocinski v. Crossman (In Re Crossman), 259 B.R. 301 (Bankr. N.D. Ill. 2001).
Grochocinski v. Crossman (In Re Crossman), 259 B.R. 301 (Bankr. N.D. Ill. 2001). · cites it 6× “TASC and TOLIC contend that the Trustee does not have the right to assign the payments under the Settlement Agreement pursuant to Illinois common law, 215 ILCS 5/155.34, and anti-assignment provisions in the Settlement Agreement.”
In Re Nitz, 739 N.E.2d 93 (Ill. App. Ct. 2000). · cites it 2× “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 1998)), the petitioner filed a petition seeking court approval of an assignment of certain of the periodic payments due him under his structured settlement agreement to Singer Asset Finance Company (Singer).”
Shaffer v. Liberty Life Assurance Co., 746 N.E.2d 285 (Ill. App. Ct. 2001). · cites it 2× “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 1998)), which provides: “No person who is the beneficiary of a structured settlement of a claim for personal injury may assign in any manner the payments of the settlement without prior approval of the circuit court of…”
Green v. Safeco Life Ins., 727 N.E.2d 393 (Ill. App. Ct. 2000). · cites it 2× “34 of the Illinois Insurance Code (215 ILCS 5/155.34(b) (West 1998)), to assign some of his structured settlement payments to Stone Street Capital, Inc.”
Stokes v. Colonial Penn Ins., 728 N.E.2d 1276 (Ill. App. Ct. 2000). · cites it 3× “34 of the Illinois Insurance Code (Code) (215 ILCS 5/155.34 (West 1998)). Section 155.”
Henderson v. Roadway Express, 720 N.E.2d 1108 (Ill. App. Ct. 1999). “215 ILCS 5/155.34 (West 1998). The circuit court refused to approve Henderson’s assignment, holding the settlement agreement clearly and unambiguously prohibited the parties from assigning any of the periodic payments.”
In Re Th Est. of Powless, 734 N.E.2d 111 (Ill. App. Ct. 2000). · cites it 2× “” 215 ILCS 5/155.34(b) (West 1998). Initially, the trial court was not troubled with the request.”
Rapid Settlements, Ltd. v. Symetra Life Ins., 850 N.E.2d 387 (Ill. App. Ct. 2006). “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 2000) (now 215 ILCS 153/25 (West 2004))) applies to all settlement agreements whether they contain antiassignment provisions or not, the court disagreed.”
In Re Foreman, 850 N.E.2d 387 (Ill. App. Ct. 2006). “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 2000) (now 215 ILCS 153/25 (West 2004))) applies to all settlement agreements whether they contain antiassignment provisions or not, the court disagreed.”
Piasecki v. Liberty Life Assurance Co. of Boston, 728 N.E.2d 71 (Ill. App. Ct. 2000). “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 1998)), but Liberty Life and Keyport (together, the insurers) were not notified of these proceedings.”
Settlement Funding, LLC v. Brenston, 2013 IL App (4th) 120869 (Ill. App. Ct. 2013). “¶ 34 The Illinois General Assembly enacted provisions of the Structured Settlement Protection Act (215 ILCS 153/1 to 35 (West 2004)), and its predecessor statute (215 ILCS 5/155.34 (West 1998)), to protect settlement recipients from the growing number of factoring companies…”
Shaffer v. Liberty Life Assurance Co. (Ill. App. Ct. 2001). · cites it 2× “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 1998)), which provides: "No person who is a beneficiary of a structured settlement of a claim for personal injury may assign in any manner the payments of the settlement without prior approval of the circuit court of the…”
— 215 ILCS 5/155.34(b) — 8 cases
Green v. Safeco Life Ins., 727 N.E.2d 393 (Ill. App. Ct. 2000). “34 of the Illinois Insurance Code (215 ILCS 5/155.34(b) (West 1998)), to assign some of his structured settlement payments to Stone Street Capital, Inc.”
In Re Nitz, 739 N.E.2d 93 (Ill. App. Ct. 2000). “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 1998)), the petitioner filed a petition seeking court approval of an assignment of certain of the periodic payments due him under his structured settlement agreement to Singer Asset Finance Company (Singer).”
In Re Th Est. of Powless, 734 N.E.2d 111 (Ill. App. Ct. 2000). “” 215 ILCS 5/155.34(b) (West 1998). Initially, the trial court was not troubled with the request.”
Shaffer v. Liberty Life Assurance Co., 746 N.E.2d 285 (Ill. App. Ct. 2001). “34 of the Illinois Insurance Code (215 ILCS 5/155.34 (West 1998)), which provides: “No person who is the beneficiary of a structured settlement of a claim for personal injury may assign in any manner the payments of the settlement without prior approval of the circuit court of…”
Stokes v. Colonial Penn Ins., 728 N.E.2d 1276 (Ill. App. Ct. 2000). “34 of the Illinois Insurance Code (Code) (215 ILCS 5/155.34 (West 1998)). Section 155.”
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