4 Va. Admin. Code § 25-165-20

Current through Register Vol. 41, No. 6, November 4, 2024

Section 4VAC25-165-20 - Costs of arbitration

Arbitrations shall be funded from accrued interest. The department shall determine on a case-by-case basis if sufficient funds exist to conduct an arbitration. Sufficiency of funds shall be determined by the amount of accrued interest available at the time arbitration is requested, less estimated costs of pending arbitrations. If sufficient funds are not available, the department shall maintain a waiting list of parties willing to arbitrate.

4 Va. Admin. Code § 25-165-20

Derived From Virginia Register Volume 30, Issue 6, eff. December 19, 2013.

Statutory Authority: §§ 45.1-361.15 and 45.1-361.22:1 of the Code of Virginia.