Indiana § 34-57-1-6 Execution of bonds; conditions

Indiana Statutes

§ 34-57-1-6 — Execution of bonds; conditions

Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 57 ARBITRATION AND ALTERNATIVE DISPUTE·Ch. 1 Arbitration: Generally

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.]

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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.]

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