- (1) OCABR Arbitration Oversight. The OCABR shall maintain oversight responsibility to promote the fairness and efficiency of the private arbitration services program.
- (2) OCABR Advisory Opinions. The director of OCABR may from time to time develop internal guidelines for the operation of the private arbitration services program and may issue advisory opinions.
- (3) Waiver. The director of OCABR may, in their sole discretion, waive any of 201 CMR 14.00, if such waiver would be in the public interest and would further the purpose or intent of the private arbitration services program or guaranty fund, provided that such waiver does not conflict with any requirement contained in M.G.L. c. 142A.
- (4) Non-preclusion of Additional Remedies. A claim to the Guaranty Fund shall not limit the availability of other legal or equitable remedies unless the claim made is for the full amount of the value of the work claimed as damages, in which case the registrant, upon repayment to the fund, may use repayment as a defense via settlement.
REGULATORY AUTHORITY
201 CMR 14.00: M.G.L. c. 142A and M.G.L. c. 9.
(PAGES 79 THROUGH 82 ARE RESERVED FOR FUTURE USE.)