§ 684.0041, Fla. Stat. · Chapter 684. INTERNATIONAL COMMERCIAL ARBITRATION
Settlement.
Text — 2026 Florida Statutes
(1) If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.
(2) An award on agreed terms shall be made pursuant to s. 684.0042 and shall state that it is an award. Such an award has the same status and effect as any other award on the merits of the case.
Notes and commentary — not statutory text
History
s. 42, ch. 2010-60.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0684/0684.html
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