12-3019

12-3019. Award

(Eff.1/1/11)

A. An arbitrator shall make a record of an award. The record must be signed or
otherwise authenticated by any arbitrator who concurs with the award. The arbitrator or
the arbitration organization shall give notice of the award, including a copy of the
award, to each party to the arbitration proceeding.

B. An award must be made within the time specified by the agreement to arbitrate
or, if not specified therein, within the time ordered by the court. The court may extend
or the parties to the arbitration proceeding may agree in a record to extend the time.
The court or the parties may do so within or after the time specified or ordered. A party
waives any objection that an award was not timely made unless the party gives notice of
the objection to the arbitrator before receiving notice of the award.