§ 1-567.82. Stay of arbitration; resort to other proceedings. - North Carolina Statutes

§1‑567.82.  Stay of arbitration; resort to other proceedings.

(a)        The agreement ofthe parties to submit a dispute to conciliation is considered an agreementbetween or among those parties to stay all judicial or arbitral proceedingsfrom the beginning of conciliation until the termination of conciliationproceedings.

(b)        All applicablelimitation periods, including periods of prescription, are tolled or extendedon the beginning of conciliation proceedings under this Part as to all partiesto the conciliation proceedings until the tenth day following the date oftermination of the proceedings. For purposes of this section, conciliationproceedings are considered to have begun when the parties have all agreed toparticipate in the conciliation proceedings. (1997‑368, s. 7.)