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

Codes > Indiana Code > Title 34 > Article 51 : Chapter 4 > 34-51-4-5 Applicability

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

    Sec. 5. 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.