Offer of settlement by developer.

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45-5A-8. Offer of settlement by developer.

Unless both parties provide otherwise by written agreement, within sixty days after the mineral developer receives notice of damages the mineral developer shall make a written offer of settlement to the person seeking compensation for the damages. The person seeking compensation may accept or reject any offer so made within sixty days of receipt.

Source: SL 1982, ch 304, §8.


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