CC 3105 - Duration of power of arbitrators; prescription - Louisiana Statutes

Art. 3105. Duration of power of arbitrators; prescription

A. If the submission does not limit any time, the power of the arbitrators may continue in force during three months from the date of the submission, unless the parties agree to revoke it.

B. Prescription is interrupted as to any matter submitted to arbitration from the date of the submission and shall continue until the submission and power given to the arbitrators are put at an end by one of the causes in Article 3132, unless suit has been filed, in which case the provisions of Articles 3462 and 3463 shall apply.

Acts 1984, No. 782, §1.