California Law (Last Updated: March 4, 2014) |
Code of Civil Procedure - CCP |
Part 3. OF SPECIAL PROCEEDINGS OF A CIVIL NATURE |
Title 9.3. ARBITRATION AND CONCILIATION OF INTERNATIONAL COMMERCIAL DISPUTES |
Chapter 6. Making of Arbitral Award and Termination of Proceedings |
ARTICLE 3. Settlement |
Section 1297.302.
Latest version.
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If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.
(Added by Stats. 1988, Ch. 23, Sec. 1. Effective March 7, 1988.)