Rule 5.7
INITIATION OF PROCEEDINGS
Rule Text
Both parties must sign under Option (a) in order for binding arbitration to take place. If one party signs under Option (a) and the other signs under Option (b), the arbitration will be nonbinding. However, even if the parties undertake non-binding arbitration, the decision will become binding 30 days from the date the decision is mailed to the parties, unless a lawsuit is filed by either party, per Rule 8.5.