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Texas Civil Practice and Remedies Code

§ 172.146 — AWARD ON AGREED TERMS

CP § 172.146Title 7. ALTERNATE METHODS OF DISPUTE RESOLUTION · Ch. 172. ARBITRATION AND CONCILIATION OF INTERNATIONAL COMMERCIAL DISPUTES · Art. F. ARBITRATION AWARD

Statute text

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(a)The arbitration tribunal shall make an award on agreed terms as provided by Section 172.117. An award on agreed terms must state that it is an arbitration award.
(b)An award on agreed terms has the same status and effect as any other arbitration award on the substance of the dispute.

Legislative history

Added by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.

Source: Texas Civil Practice and Remedies Code § 172.146 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.