Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 16. ECONOMIC REGULATION |
PART 1. RAILROAD COMMISSION OF TEXAS |
CHAPTER 20. ADMINISTRATION |
SUBCHAPTER A. CONTRACTS AND PURCHASES |
DIVISION 2. RESOLUTION OF CONTRACT CLAIMS |
SECTION 20.43. Settlement Approval Procedures
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The parties shall disclose their settlement approval procedures prior to, or at the beginning of, negotiations. The parties should select negotiators who are knowledgeable about the subject matter of the dispute, who are in a position to reach agreement, and who can credibly recommend approval of an agreement.
Source Note: The provisions of this §20.43 adopted to be effective February 12, 2004, 29 TexReg 1196