Terms Used In Indiana Code 34-6-2-129

  • 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. 129. “Recipient”, for purposes of IC 34-50, means a party to a civil action who receives a qualified settlement offer (as defined in section 128 of this chapter) from an offeror (as defined in section 90 of this chapter) who is an opposing party in the civil action.

[Pre-1998 Recodification Citation: 34-4-44.6-3.]

As added by P.L.1-1998, SEC.1.