N.Y. Comp. Codes R. & Regs. tit. 13 § 301.15

Current through Register Vol. 46, No. 50, December 11, 2024

Section 301.15 - Withdrawal or settlement prior to decision

(a) A consumer may withdraw his/her request for arbitration at any time prior to decision. If the administrator is notified by the consumer of his/her request to withdraw the claim within seven business days of the filing date, the administrator shall refund the filing fee.

(b) If the parties agree to a settlement more than seven business days after the filing date but prior to the issuance of a decision, they shall notify the administrator in writing of the terms of the settlement. Upon the request of the parties, the arbitrator shall issue a decision reflecting the settlement.

N.Y. Comp. Codes R. & Regs. Tit. 13 § 301.15