The lump sum payment agreement entered into between the worker or his dependents and the employer shall be presented to the workers' compensation judge for approval upon a joint petition signed by all parties and verified by the worker or his dependents. The workers' compensation judge shall in every case assure that the worker or his dependents understand the terms and conditions of the proposed settlement, and he may require a hearing for that purpose. All parties shall have the right to attend any such hearing and present testimony.
§ 52-5-13 NMSA 1978
Approval of lump sum settlement by workers' compensation judge
Known as the Workers' Compensation Administration Act
The act spans §§ 52–52 (27 sections).
Laws 1986, ch. 22, § 39; 1989, ch. 263, § 81.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.