ARBITRATION
Applied in 6 court decisions — leading case Porter & Clements, L.L.P. v. Stone (1997)
Most recently applied in 633 F. Supp. 2d 109 - Eatoni Ergonomics, Inc. v. Research in Motion Corp. (June 2009)
Added by Acts 1987, 70th Leg., ch. 1121, Sec. 1, eff
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
(a) Nonbinding arbitration is a forum in which each party and counsel for the party present the position of the party before an impartial third party, who renders a specific award.
(b) If the parties stipulate in advance, the award is binding and is enforceable in the same manner as any contract obligation. If the parties do not stipulate in advance that the award is binding, the award is not binding and serves only as a basis for the parties' further settlement negotiations.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.