43 CFR 30.150
§ 30.150 What action will the judge take if the interested parties agree to settle matters among themselves?
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 30.150, § 30.150 What action will the judge take if the interested parties agree to settle matters among themselves?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/209686
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Full text
(a) A judge may approve a settlement agreement among interested parties resolving any issue in the probate proceeding if the judge finds that:
(1) All parties to the agreement are advised as to all material facts;
(2) All parties to the agreement understand the effect of the agreement on their rights; and
(3) It is in the best interest of the parties to settle.
(b) In considering the proposed settlement agreement, the judge may consider evidence of the respective values of specific items of property and all encumbrances.
(c) If the judge approves the settlement agreement under paragraph (a) of this section, the judge will issue an order approving the settlement agreement and distributing the estate in accordance with the agreement.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.