§ 20-13-103 Compromise and settlement

Codes > Tennessee Code > Title 20 > Chapter 13 > 20-13-103 Compromise

§ 20-13-103. Compromise and settlement

    The attorney general and reporter, with the written approval of the governor and the comptroller of the treasury, may compromise and settle, insofar as the state is concerned, any civil litigation to which the state may be a party, upon such terms as in their opinion may seem to be in the best interest of the state, and may enter into such agreements in connection with the compromise and settlement as may be necessary to effectuate the purposes of this section. The written approval of the speaker of the senate and the speaker of the house of representatives shall be also required for the compromise and settlement of such civil litigation to which the state may be a party if the compromise and settlement will result in a significant increase in state expenditures, affect the bond rating of the state or result in a decision on a policy issue that may result in a significant increase in state expenditures.