Sec. 172.118. TERMINATION OF PROCEEDINGS. (a) An arbitration is terminated by the final arbitration award or by an order of the arbitration tribunal under Subsection (b). The award is final on the expiration of the applicable period under Section 172.147.
(b) The arbitration tribunal shall issue an order for the termination of the arbitration if:
(1) the claimant withdraws the claim, unless the respondent objects to the order and the arbitration tribunal recognizes a legitimate interest on the respondent's part in obtaining a final settlement of the dispute;
(2) the parties agree to the termination of the arbitration; or
(3) the tribunal finds that continuation of the arbitration is unnecessary or impossible.
(c) Subject to Sections 172.147, 172.148, and 172.149, the mandate of the arbitration tribunal ends with the termination of the arbitration.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.
Structure Texas Statutes
Civil Practice and Remedies Code
Title 7 - Alternate Methods of Dispute Resolution
Chapter 172 - Arbitration and Conciliation of International Commercial Disputes
Subchapter E. Arbitration Proceedings
Section 172.101. Equal Treatment of Parties
Section 172.102. Substantive Rules
Section 172.103. Rules of Procedure
Section 172.104. Rules of Evidence
Section 172.106. Place of Arbitration
Section 172.107. Commencement of Arbitration
Section 172.109. Statement of Claim or Defense
Section 172.110. Supplement or Amendment to Statement
Section 172.112. Hearing or Meeting in Camera
Section 172.113. Written Information
Section 172.114. Default of Party
Section 172.115. Award After Party Fails to Appear or Produce Evidence