Terms Used In Louisiana Revised Statutes 41:1135

  • 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 the settlement of a controversy under the provisions of La. Rev. Stat. 41:1133 and 41:1134, all costs incident to the settlement shall be paid out of the general fund of the State of Louisiana.