Current through Session Law 2024-56
Section 1-569.8 - Provisional remedies(a) Before an arbitrator is appointed and is authorized and able to act, the court, upon motion of a party to an arbitration proceeding and for good cause shown, may enter an order for provisional remedies to protect the effectiveness of the arbitration proceeding to the same extent and under the same conditions as if the controversy were the subject of a civil action.(b) After an arbitrator is appointed and is authorized and able to act:(1) The arbitrator may issue orders for provisional remedies, including interim awards, as the arbitrator finds necessary to protect the effectiveness of the arbitration proceeding and to promote the fair and expeditious resolution of the controversy, to the same extent and under the same conditions as if the controversy were the subject of a civil action; and(2) A party to an arbitration proceeding may move the court for a provisional remedy if the matter is urgent and the arbitrator is not able to act in a timely manner or the arbitrator cannot provide an adequate remedy.(c) A party does not waive the right to arbitrate by making a motion under subsection (a) or (b) of this section.N.C. Gen. Stat. § 1-569.8
Added by 2003 N.C. Sess. Laws 0345, s. 2, eff. 1/1/2004.