43 CFR 30.152 – May the parties to an agreement waive valuation of trust property?
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The parties to a settlement agreement or a consolidation agreement may waive valuation of trust property otherwise required by regulation or the Secretary’s rules and requirements. If the parties waive valuation, the waiver must be included in the written agreement.
Terms Used In 43 CFR 30.152
- 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.