§ 22-3-7-30 — Awards; private agreements; filing

(a) If, after seven (7) days from the date of
disablement or any time, in case of death, the employer and the
employee or his dependents reach an agreement in regard to
compensation under this chapter, a memorandum of the agreement in
the form prescribed by the worker's compensation board shall be filed
with the board; otherwise such agreement shall be voidable by the
employee or his dependent.
(b) If approved by the board, the memorandum shall for all purposes
be enforceable by the court decree as specified in this chapter.
(c) An agreement under this section shall be approved by the board
only when the terms conform to this chapter.
Formerly: Acts 1937, c.69, s.23. As amended by P.L.144-1986,
SEC.71; P.L.28-1988, SEC.58.