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Terms Used In Louisiana Revised Statutes 9:2713

  • 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.

            This Section and La. Rev. Stat. 9:2713.1 through 2713.9 shall be known and may be cited as the Louisiana Structured Settlement Protection Act.

            Acts 2019, No. 260, §1, eff. July 1, 2020.