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2000 SESSION
HB 447 Effect of release or covenant not to sue.
Introduced by: Terry G. Kilgore | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Effect of release or covenant not to sue. Includes within the definition of covenant not to sue a "high-low" agreement whereby one party seeking damages in tort agrees to accept as full satisfaction no more than one sum certain and the party from whom damages are sought agrees to pay no less than another sum certain regardless of the verdict at trial.
SUMMARY AS PASSED HOUSE:
Effect of release or covenant not to sue. Includes within the definition of covenant not to sue a "high-low" agreement whereby one party liable in tort agrees to pay no more than one sum certain and no less than another sum certain regardless of the verdict at trial.
SUMMARY AS INTRODUCED:
Effect of release or covenant not to sue. Includes within the definition of covenant not to sue a "high-low" agreement whereby one party liable in tort agrees to pay no more than one sum certain and no less than another sum certain regardless of the verdict at trial.