Texas Occupations Code 2301.521 – Definition
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Terms Used In Texas Occupations Code 2301.521
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
In this subchapter, “mediation” means a nonbinding forum in which an impartial mediator facilitates communication between parties to promote reconciliation, settlement, or understanding between the parties.