Current through 2024 First Special Session
Section 21-11A-14 - Settlement agreement(a) A settlement agreement may resolve an entire claim or any designated and severable portion of a claim.(b) To be enforceable, a settlement agreement must be in writing and signed by representatives of the claimant and the contractor who have authority to bind each respective party.(c) A partial settlement does not waive parties' rights as to the parts of the claims that are not resolved.