§ 7564 — Form of decision; costs upon frivolous claims and counterclaims

§ 7564. Form of decision; costs upon frivolous claims and\ncounterclaims. (a) The decision in the arbitration proceeding shall be\nin the form required by sections seven thousand five hundred seven and\nfour thousand two hundred thirteen of this chapter and shall be filed\nwith the arbitration administrator.\n (b) The panel of arbitrators shall be empowered to award costs and\nreasonable attorney's fees to a successful party in an arbitration, if\nthe panel finds that the action, claim, counterclaim, defense or cross\nclaim of an unsuccessful party is frivolous, in accordance with the\nprovisions and subject to the limitations of section eight thousand\nthree hundred three-a of this chapter. The arbitration fee paid by the\nclaimant shall be recoverable by the claimant in the event an award is\nmade to the claimant.\n