Montana Code 28-2-710. Compromise and settlement of civil claims — negotiation
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28-2-710. Compromise and settlement of civil claims — negotiation. (1) Except as provided in subsection (2), a party in a settlement negotiation may not demand, as a condition of settlement, that the settlement proceeds are classified as a specific category of damage that does not accurately describe the specific damages at issue.
Terms Used In Montana Code 28-2-710
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2)The parties may stipulate that any damages may be classified as any category of damages. The stipulation must be included in the settlement agreement.