479B.25 - ARBITRATION AGREEMENTS.

        479B.25  ARBITRATION AGREEMENTS.         If an easement or other written agreement between a landowner and      a pipeline company provides for the determination through arbitration      of the amount of monetary damages sustained by a landowner and caused      by the construction, maintenance, or repair of a pipeline or      underground storage facility, and if either party has not appointed      its arbitrator or agreed to an arbitrator under the agreement within      thirty days after the other party has invoked the arbitration      provisions of the agreement by written notice to the other party by      restricted certified mail, the landowner or the pipeline company may      petition a magistrate in the county where the real property is      located for the appointment of an arbitrator to serve in the stead of      the arbitrator who would have been appointed or agreed to by the      other party.  Before filing the petition the landowner or pipeline      company shall give notice of the petitioning of the magistrate by      restricted certified mail to the other party and file proof of      mailing with the petition.         If after hearing, the magistrate finds that the landowner or      pipeline company has not been diligent in appointing or reasonable in      agreeing to an arbitrator, the magistrate shall appoint an impartial      arbitrator who shall have all of the powers and duties of an      arbitrator appointed or agreed to by the other party under the      agreement.         For purposes of this section only, "landowner" means the      person who signed the easement or other written agreement, or the      person's heirs, successors, and assigns.  
         Section History: Recent Form
         95 Acts, ch 192, §52, 62