38.237 - Change of award by arbitrator. - Nevada Statutes

38.237  Change of award by arbitrator.

      1.  On motion to an arbitrator by a party to an arbitral proceeding, the arbitrator may modify or correct an award:

      (a) Upon a ground stated in paragraph (a) or (c) of subsection 1 of NRS 38.242;

      (b) Because the arbitrator has not made a final and definite award upon a claim submitted by the parties to the arbitral proceeding; or

      (c) To clarify the award.

      2.  A motion under subsection 1 must be made and notice given to all parties within 20 days after the movant receives notice of the award.

      3.  A party to the arbitral proceeding must give notice of any objection to the motion within 10 days after receipt of the notice.

      4.  If a motion to the court is pending under NRS 38.239, 38.241 or 38.242, the court may submit the claim to the arbitrator to consider whether to modify or correct the award:

      (a) Upon a ground stated in paragraph (a) or (c) of subsection 1 of NRS 38.242;

      (b) Because the arbitrator has not made a final and definite award upon a claim submitted by the parties to the arbitral proceeding; or

      (c) To clarify the award.

      5.  An award modified or corrected pursuant to this section is subject to subsection 1 of NRS 38.236 and to NRS 38.239, 38.241 and 38.242.

      (Added to NRS by 2001, 1281)