Current through Session Law 2024-45
Section 90-21.65 - Written decision by arbitration(a) Issuing the Decision. - The arbitrator shall issue a decision in writing and signed by the arbitrator within 14 days after the completion of the arbitration hearing and shall promptly deliver a copy of the decision to each party or the party's attorneys.(b) Limit on Damages. - The arbitrator shall not make an award of damages that exceeds a total of one million dollars ($1,000,000) for any dispute submitted to arbitration under this Article, regardless of the number of claimants or defendants that are parties to the dispute.(c) Finding if Damages Awarded. - If the arbitrator makes an award of damages to the claimant, the arbitrator shall make a finding as to whether the injury or death was caused by the negligence of the defendant.(d) Paying the Arbitrator. - The fees and expenses of the arbitrator shall be paid equally by the parties.(e) Attorneys' Fees and Costs. - Each party shall bear its own attorneys' fees and costs.N.C. Gen. Stat. § 90-21.65
Added by 2007 N.C. Sess. Laws 541,s. 1, eff. 1/1/2008.