Indiana Code 34-51-4-6. Applicability of chapter upon timely offer of settlement by plaintiffs
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Sec. 6. This chapter does not apply if:
(2) the terms of the offer fail to provide for payment of the settlement offer within sixty (60) days after the offer is accepted; or
(1) within one (1) year after a claim is filed in the court, or any longer period determined by the court to be necessary upon a showing of good cause, the party who filed the claim fails to make a written offer of settlement to the party or parties against whom the claim is filed;
Terms Used In Indiana Code 34-51-4-6
- 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.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(3) the amount of the offer exceeds one and one-third (1 1/3) of the amount of the judgment awarded.
[Pre-1998 Recodification Citation: 34-4-37-8.]
As added by P.L.1-1998, SEC.47.