Public-domain · open source
OpenJurist

Tex. Ins. Code § 541.157

CONTENTS OF SETTLEMENT OFFER

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.