N.Y. Comp. Codes R. & Regs. tit. 13 § 303.16

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

Section 303.16 - 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 commencement date, the administrator shall refund the filing fee to the consumer and the arbitration fee to the supplier.

(b) If the parties agree to a settlement more than seven business days after the commencement 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 § 303.16

Adopted New York State Register July 31, 2019/Volume XLI, Issue 31, eff. 7/31/2019