78B-10a-105. Selection of arbitrator or panel -- Costs.
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78B-10a-105. Selection of arbitrator or panel -- Costs.
(a)Unless otherwise agreed to in writing by the parties, a claim submitted to arbitration shall be resolved by a single arbitrator.
(b)Unless otherwise agreed to by the parties or ordered by the court, all parties shall agree on a single arbitrator within 90 days of the answer of the defendant.
(c)If the parties are unable to agree on a single arbitrator as required by Subsection (1)(b) , a panel of three arbitrators shall be selected in accordance with Subsection (1)(d) .
(d)If a panel of three arbitrators is selected:
(i)each side shall select one arbitrator; and
(ii)the arbitrators appointed under Subsection (1)(d)(i) shall jointly select one additional arbitrator to be included on the panel.
(2)Unless otherwise agreed to in writing:
(a)each party shall pay an equal share of the fees and costs of the arbitrator selected under Subsection (1)(a) ; and
(b)if an arbitration panel is selected under Subsection (1)(d) , each party shall pay:
(i)the fees and costs of the arbitrator selected by that party's side; and
(ii)an equal share of the fees and costs of the arbitrator selected under Subsection (1)(d)(ii) .
Enacted by Chapter 197 , 2011 General Session