Indiana Code 34-18-15-4. Failure to pay settlement or judgment
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Terms Used In Indiana Code 34-18-15-4
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
- 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.
Sec. 4. If a health care provider or the health care provider’s surety or liability insurance carrier fails to pay any agreed settlement or final judgment within ninety (90) days, the agreed settlement or final judgment shall be paid from the patient’s compensation fund, and the fund shall be subrogated to any and all of claimant’s rights against the health care provider, the health care provider’s surety or liability insurance carrier, or both, with interest, reasonable costs, and attorney‘s fees.
[Pre-1998 Recodification Citation: 27-12-15-4.]
As added by P.L.1-1998, SEC.13.