Section 572B.20 Change of Award by Arbitrator
572B.20 CHANGE OF AWARD BY ARBITRATOR.
(a) On motion to an arbitrator by a party to the arbitration proceeding, the arbitrator may modify or correct an award:
(1) upon the grounds stated in section 572B.24, subsection (a)(1) or (3);
(2) because the arbitrator has not made a final and definite award upon a claim submitted by the parties to the arbitration proceeding; or
(3) to clarify the award.
(b) A motion under subsection (a) must be made and served on all parties within 20 days after the movant receives notice of the award.
(c) A party to the arbitration proceeding must serve any objections to the motion within ten days after receipt of the notice.
(d) If a motion to the court is pending under sections 572B.22, 572B.23, and 572B.24, the court may submit the claim to the arbitrator to consider whether to modify or correct the award:
(1) upon the grounds stated in section 572B.24, subsection (a)(1) or (3);
(2) because the arbitrator has not made a final and definite award upon a claim submitted by the parties to the arbitration proceeding; or
(3) to clarify the award.
(e) An award modified or corrected pursuant to this section is subject to sections 572B.22, 572B.23, and 572B.24.
History:
2010 c 264 art 1 s 20
NOTE: This section, as added by Laws 2010, chapter 264, article 1, section 20, is effective August 1, 2011. Laws 2010, chapter 264, article 1, section 33.