Texas Insurance Code

§ 541.266 — DISPOSITION

IN § 541.266Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 541. UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS OR PRACTICES · Art. F. CLASS ACTIONS BY ATTORNEY GENERAL OR PRIVATE INDIVIDUAL

Statute text

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(a)A class action under this subchapter may not be dismissed, settled, or compromised without the approval of the court.

(b)Notice of the proposed dismissal, settlement, or compromise shall be given to all members of the class in the manner the court directs.

Legislative history

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.