N.Y. Comp. Codes R. & Regs. tit. 13, § 301.15 – Withdrawal or settlement prior to decision. | Midpage
§ 301.15
N.Y. Comp. Codes R. & Regs. tit. 13, § 301.15
Withdrawal or settlement prior to decision.
Department of Law
(a) A consumer may withdraw his/her request for arbitration at any time prior to decision. If the administrator is notified by the consumer of his/her request to withdraw the claim within seven business days of the filing date, the administrator shall refund the filing fee.
(b) If the parties agree to a settlement more than seven business days after the filing date but prior to the issuance of a decision, they shall notify the administrator in writing of the terms of the settlement. Upon the request of the parties, the arbitrator shall issue a decision reflecting the settlement.