Texas § 541.157 CONTENTS OF SETTLEMENT OFFER.

Texas Statutes

§ 541.157 — CONTENTS OF SETTLEMENT OFFER.

Texas § 541.157

Code INInsurance Code

This text of Texas § 541.157 (CONTENTS OF SETTLEMENT OFFER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 541.157 (2026).

Text

Sec. 541.157. CONTENTS OF SETTLEMENT OFFER. A settlement offer made by a person against whom a claim under this subchapter is pending must include an offer to pay the following amounts, separately stated:

(1)an amount of money or other consideration, reduced to its cash value, as settlement of the claim for damages; and

(2)an amount of money to compensate the claimant for the claimant's reasonable and necessary attorney's fees incurred as of the date of the offer.

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Sec. 541.157. CONTENTS OF SETTLEMENT OFFER. A settlement offer made by a person against whom a claim under this subchapter is pending must include an offer to pay the following amounts, separately stated:
(1) an amount of money or other consideration, reduced to its cash value, as settlement of the claim for damages; and
(2) an amount of money to compensate the claimant for the claimant's reasonable and necessary attorney's fees incurred as of the date of the offer.