Indiana Code 34-54-9-1. Applicability of chapter

Sec. 1. This chapter applies when:

(1) money is tendered in settlement of a demand;

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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 settlement is refused; and

(3) the money is brought into court to keep the tender good.

[Pre-1998 Recodification Citation: 34-2-24-1 part.]

As added by P.L.1-1998, SEC.50.