Notwithstanding that a controversy was submitted pursuant to subsection a. of section 1 of this act, the arbitration award may exceed $20,000.00. The arbitration decision shall be in writing, and shall set forth the issues in controversy, and the arbitrators' findings and conclusions of law and fact.
N.J. Stat. Ann. § 2A:23A-25
Arbitration award over $20,000
Known as the The New Jersey Alternative Procedure for Dispute Resolution Act
The act spans §§ 2A:23A-1 to 2A:23A-9 (30 sections).
L. 1987,c.329, s.6.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.