Maine Statutes
§ 14 §1605 — Settlements to be approved by court
No settlement of any action brought in behalf of an infant by next friend or defended on the infant's behalf by guardian or guardian ad litem is valid unless approved by the court in which the action is pending, or affirmed by an entry of judgment. If no action has been commenced, an infant by next friend may apply to any court in which an action based on the claim of the infant could have been commenced for an order approving the settlement of any such claim. An order approving such a settlement has the effect of a judgment. The court may make all necessary orders for protecting the interests of the infant, including requiring that funds be disbursed through establishment of a trust, and may require the guardian ad litem or next friend to give bond to truly account for all money received
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Legislative History
PL 1979, c. 540, §§17-A (NEW). PL 1993, c. 97, §1 (AMD).
Nearby Sections
15
§ 14 §16
Death of joint obligor§ 14 §160
Certain cases of negligence§ 14 §1602
Interest before judgments§ 14 §1602-A
Interest after judgment§ 14 §1602-B
Interest before judgment§ 14 §1602-C
Interest after judgment§ 14 §1603
-- Actions on judgments§ 14 §1605
Settlements to be approved by court§ 14 §161
When lack of privity no defense in action against manufacturer, seller or supplier of goods§ 14 §162
Settlement or release of claims§ 14 §163
Release of joint tortfeasors§ 14 §164
Immunity from civil liability