Indiana § 34-51-4-5 Applicability of chapter upon timely offer of settlement by defendants

Indiana Statutes

§ 34-51-4-5 — Applicability of chapter upon timely offer of settlement by defendants

Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 51 DAMAGES·Ch. 4 Prejudgment Interest

This chapter does not apply if:

(1)within nine (9) months 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, one (1) or more of the parties against whom the claim is filed makes a written offer of settlement to the party receiving a judgment;

(2)the terms of the offer include payment within sixty (60) days after the offer is accepted; and

(3)the amount of the offer is at least two-thirds (2/3) of the amount of the judgment award. [Pre-1998 Recodification Citation: 34-4-37-7.]

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This chapter does not apply if:
(1) within nine (9) months 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, one (1) or more of the parties against
whom the claim is filed makes a written offer of settlement to the
party receiving a judgment;
(2) the terms of the offer include payment within sixty (60) days
after the offer is accepted; and
(3) the amount of the offer is at least two-thirds (2/3) of the
amount of the judgment award.
[Pre-1998 Recodification Citation: 34-4-37-7.]

Indiana § 34-51-4-5 (Applicability of chapter upon timely offer of settlement by defendants) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.