To prevent the accrual of prejudgment interest under this subchapter, a settlement offer must be in writing and delivered to the claimant or the claimant's attorney or representative.
Tex. Fin. Code § 304.106
SETTLEMENT OFFER REQUIREMENTS TO PREVENT PREJUDGMENT INTEREST ACCRUAL
Applied in 1 court decision — leading case Foust v. Estate of Walters (2000)
Most recently applied in Foust v. Estate of Walters (April 2000)
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.