State Codes and Statutes

Statutes > New-york > Lie > Article-2 > 35

§ 35. Waiver of arbitration; arbitrators' award conclusive. The filing  of a notice of lien shall not be a waiver of any right of arbitration of  a  contractor,  subcontractor, material man or laborer secured to him by  his contract to furnish labor or materials. In case the arbitrators,  in  any  arbitration  proceeding  had  pursuant  to any such contract, shall  determine the value or price of labor performed or  material  furnished,  their   award  shall  be  conclusive  as  between  all  parties  to  the  arbitration in any action to foreclose the lien.

State Codes and Statutes

Statutes > New-york > Lie > Article-2 > 35

§ 35. Waiver of arbitration; arbitrators' award conclusive. The filing  of a notice of lien shall not be a waiver of any right of arbitration of  a  contractor,  subcontractor, material man or laborer secured to him by  his contract to furnish labor or materials. In case the arbitrators,  in  any  arbitration  proceeding  had  pursuant  to any such contract, shall  determine the value or price of labor performed or  material  furnished,  their   award  shall  be  conclusive  as  between  all  parties  to  the  arbitration in any action to foreclose the lien.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Lie > Article-2 > 35

§ 35. Waiver of arbitration; arbitrators' award conclusive. The filing  of a notice of lien shall not be a waiver of any right of arbitration of  a  contractor,  subcontractor, material man or laborer secured to him by  his contract to furnish labor or materials. In case the arbitrators,  in  any  arbitration  proceeding  had  pursuant  to any such contract, shall  determine the value or price of labor performed or  material  furnished,  their   award  shall  be  conclusive  as  between  all  parties  to  the  arbitration in any action to foreclose the lien.