The award shall be in writing and signed by the arbitrators joining in the award. The arbitrators shall deliver a copy to each party personally or by registered mail, or as provided in the agreement.
An award shall be made within the time fixed therefor by the agreement or, if not so fixed, within such time as the court orders on application of a party. The parties may extend the time in writing either before or after the expiration thereof. A party waives the objection that an award was not made within the time required unless he notifies the arbitrators of his objection prior to the delivery of the award to him. Unless otherwise provided in the agreement to arbitrate, the arbitrators' expenses and fees incurred in the conduct of the arbitration, and all other expenses, not including counsel fees, shall be paid as provided in the award.
1986, c. 614.
Structure Code of Virginia
Title 8.01 - Civil Remedies and Procedure
Chapter 21 - Arbitration and Award
§ 8.01-577. Submission of controversy; agreement to arbitrate; condition precedent to action
§ 8.01-581. Fiduciary may submit to arbitration
§ 8.01-581.01. Validity of arbitration agreement
§ 8.01-581.02. Proceedings to compel or stay arbitration
§ 8.01-581.03. Appointment of arbitrators by court; powers of arbitrators
§ 8.01-581.05. Representation by attorney
§ 8.01-581.06. Witnesses, subpoenas, depositions
§ 8.01-581.07. Award; fees and expenses to be fixed
§ 8.01-581.08. Change of award by arbitrators
§ 8.01-581.09. Confirmation of an award
§ 8.01-581.010. Vacating an award
§ 8.01-581.011. Modification or correction of award
§ 8.01-581.012. Judgment or decree on award
§ 8.01-581.013. Applications to court