§ 90-21.65. Written decision by arbitration. - North Carolina Statutes

§ 90‑21.65.  Writtendecision by arbitration.

(a)        Issuing theDecision. – The arbitrator shall issue a decision in writing and signed by thearbitrator within 14 days after the completion of the arbitration hearing andshall promptly deliver a copy of the decision to each party or the party'sattorneys.

(b)        Limit on Damages. –The arbitrator shall not make an award of damages that exceeds a total of onemillion dollars ($1,000,000) for any dispute submitted to arbitration underthis Article, regardless of the number of claimants or defendants that areparties to the dispute.

(c)        Finding if DamagesAwarded. – If the arbitrator makes an award of damages to the claimant, thearbitrator shall make a finding as to whether the injury or death was caused bythe negligence of the defendant.

(d)        Paying theArbitrator. – The fees and expenses of the arbitrator shall be paid equally bythe parties.

(e)        Attorneys' Fees andCosts. – Each party shall bear its own attorneys' fees and costs. (2007‑541, s. 1.)