State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_1 > GS_1-567_32

§1‑567.32.  Definitions and rules of interpretation.

(a)        For the purposes ofthis Article:

(1)        "Arbitralaward" means any decision of an arbitral tribunal on the substance of adispute submitted to it, and includes an interlocutory, or partial award;

(2)        "Arbitraltribunal" means a sole arbitrator or a panel of arbitrators;

(3)        "Arbitration"means any arbitration whether or not administered by a permanent arbitralinstitution;

(4)        "Party"means a party to an arbitration agreement;

(5)        "Superiorcourt" means the superior court of any county in this State selectedpursuant to G.S. 1‑567.36.

(b)        Where a provisionof this Article, except G.S. 1‑567.58, leaves the parties free todetermine a certain issue, such freedom includes the right of the parties toauthorize a third party, including an institution, to make that determination.

(c)        Where a provisionof this Article refers to the fact that the parties have agreed or that theymay agree or in any other way refers to an agreement of the parties, suchagreement includes any arbitration rules referred to in that agreement.

(d)        Where a provisionof this Article, other than in G.S. 1‑567.55(1) and G.S. 1‑567.62(b)(1),refers to a claim, it also applies to a counterclaim, and where it refers to adefense, it also applies to a defense to such counterclaim. (1991,c. 292.)