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2025 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 742 - Insurance Policies Generally; Property and Casualty Policies
Section 742.521 - Conditions applicable to arbitration proceedings.
Universal Citation:
OR Rev Stat § 742.521 (2025)
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(1) Arbitration proceedings under ORS 742.520 shall be conducted under local court rules in the county where the arbitration is held.
(2) Findings and awards made in an arbitration proceeding under this section:
(a) Are binding on the parties to the arbitration proceeding;
(b) Are not binding on any other party; and
(c) May not be used for the purpose of collateral estoppel. [2007 c.328 §3]
Note: 742.521 was added to and made a part of ORS chapter 742 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.
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