On application of a party or, if an application to the court is pending under this act, on submission to the arbitrators by the court under such conditions as the court may order, the arbitrators may modify or correct the award upon the grounds stated in Section 13 of this act, or for the purpose of clarifying the award. The application shall be made within twenty (20) days after delivery of the award to the applicant. Written notice of the application shall be given to the opposing party. Any objections by the opposing party shall be submitted to the court or arbitrators within ten (10) days from receipt of the notice. The award so modified or corrected is subject to the provisions of Sections 11, 12 and 13 of this act.

Laws 1978, SB 627, c. 308, § 9, eff. October 1, 1978.