Download This Version in Microsoft Word format
TO AMEND SECTION 15-48-90, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ARBITRATION AWARDS, SO AS TO PROVIDE THAT AWARDS MUST BE REASONED AND PROVIDE THAT ARBITRATORS SHALL PROVIDE THE SPECIFIC FACTS AND REASONS FOR THE AWARD AND CONCISELY EXPLAIN THE RATIONALE FOR THE DECISION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 15-48-90(a) of the 1976 Code is to read:
"(a) The award shall must be reasoned, in writing, and signed by the arbitrators joining in the award. The arbitrators shall provide the specific facts and reasons for the award and concisely explain the rationale for the decision unless the parties waive their right to a reasoned award. The arbitrators shall deliver a copy to each party personally or by registered mail, or as provided in the agreement."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on January 31, 2018 at 1:54 PM