New York Statutes
§ 3405 — Arbitration of certain claims
Rule 3405. Arbitration of certain claims. The chief judge of the court\nof appeals may promulgate rules for the arbitration of claims for the\nrecovery of a sum of money not exceeding six thousand dollars, exclusive\nof interest, pending in any court or courts except the civil court of\nthe city of New York, and not exceeding ten thousand dollars, exclusive\nof interest, pending in the civil court of the city of New York. Such\nrules must permit a jury trial de novo upon demand by any party\nfollowing the determination of the arbitrators and may require the\ndemander to pay the cost of arbitration; and shall also provide for all\nprocedures necessary to initiate, conduct and determine the arbitration.\nA judgment may be entered upon the arbitration award. The rules shall\nfurther provide
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Formal Opinion No.
(New York Attorney General Reports, 1986)