Sec. 6. When an agreement is made according to sections 1 through 5 of this chapter, the parties shall execute bonds. The bonds must contain:
(1) a condition to abide and faithfully perform the award or umpirage;
(2) the name of the arbitrator or arbitrators;
(3) the matters submitted to arbitration for determination; and
(4) an agreement to make the submission a rule of the court designated in the agreement of submission.
[Pre-1998 Recodification Citation: 34-4-1-3.]
As added by P.L.1-1998, SEC.53.
Structure Indiana Code
Title 34. Civil Law and Procedure
Article 57. Arbitration and Alternative Dispute Resolution
Chapter 1. Arbitration: Generally
34-57-1-1. Applicability of Chapter
34-57-1-3. Persons Who May Agree to Arbitrate
34-57-1-4. Arbitrators Mutually Chosen
34-57-1-6. Execution of Bonds; Conditions
34-57-1-7. Time and Place of Arbitration; Notice
34-57-1-9. Administration of Oath
34-57-1-12. Copy of Award and Costs; Delivery to Parties
34-57-1-13. Refusal to Comply With Award
34-57-1-14. Entry of Submission Agreement and Award on Record; Rule Against Adverse Party
34-57-1-15. Confirmation of Award by Court
34-57-1-16. Hearing and Determination on Court Rule Against Adverse Party
34-57-1-17. Grounds Against Rendition of Judgment on Award
34-57-1-18. Modification or Correction of Award
34-57-1-19. Hearing on Motion to Invalidate or Sustain Award
34-57-1-20. Judgments Confirming Awards
34-57-1-22. Judgment Requiring Performance of Act; Enforcement