Section R20-5-120. Settlement Agreements, Compromises and Releases

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A.      No settlement agreement, compromise, or waiver of rights of a workers’ compensation claim, will be valid unless approved by the Commission.

B.       The acceptance of any payments or the signing of a settlement agreement, compromise, release or waiver of rights, unless approved by the Commission, shall not release the employer or his insurance carrier from any obligation imposed by the Workers’ Compensation Law.

C.      The carrier or employer shall not be entitled to a credit for any sums paid to an employee under a settlement agreement which has not been approved by the Commission.

Historical Note

Former Rule 20. Amended subsections (A) and (B) effec- tive March 1, 1987, filed February 26, 1987 (Supp. 87-1). R20-5-120 recodified from R4-13-120 (Supp. 95-1).

                    
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