North Carolina General Statutes 1-567.80. Report of conciliators
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes 1-567.80
- 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.
(a) At any time during the proceedings, a conciliator may prepare a draft conciliation agreement and send copies to the parties, specifying the time within which the parties must signify their approval. The draft conciliation agreement may include the assessment and apportionment of costs between the parties.
(b) A party is not required to accept a settlement proposed by the conciliator. (1997-368, s. 7.)