Maine Revised Statutes Title 14 Sec. 162 – Settlement or release of claims
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Terms Used In Maine Revised Statutes Title 14 Sec. 162
- 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.
Whenever a person seeks to recover against another person for both personal injury and property damage, settlement or release of either the personal injury or property damage claim shall not be a bar to a subsequent action upon the other claim. [PL 1969, c. 230 (NEW).]
SECTION HISTORY
PL 1969, c. 230 (NEW).