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2A:24-4 - Stay of action or proceeding subject to arbitration

2A:24-4.  Stay of action or proceeding subject to arbitration
    In an action brought in any court upon an issue arising out of an agreement  providing for the arbitration thereof, the court, upon being satisfied that the  issue involved is referable to arbitration, shall stay the action, if the  applicant for the stay is not in default in proceeding with the arbitration,  until an arbitration has been had in accordance with the terms of the  agreement.
 
L.1951 (1st SS), c.344.
 

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