Civil Actions - Settlement Agreements - Payment and Release
Hearing (House)
Summary
The bill forces a defendant who settles a tort claim for money damages to give the plaintiff a proposed release within 1010 days of the agreement and to pay the settlement amount within 15 days after the plaintiff provides the executed release or court approval. It also lets plaintiffs protect third‑party lien or subrogation rights by using releases and holding funds in an attorney IOLTA account. If the defendant misses these deadlines, interest accrues on the settlement sum.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Ask about HB 526
3 free questions a day, no accountHearings
- Judiciary — Bill HearingJudiciary · Feb 18, 2026
History
- Hearing 2/18 at 1:00 p.m.
- First Reading Judiciary
Sponsors
- Kaufman · sponsor
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