A. On motion to an arbitrator by a party to an arbitration proceeding, the arbitrator may modify or correct an award:
1. Upon a ground stated in paragraph 1 or 3 of subsection A of Section 25 of this act;
2. Because the arbitrator has not made a final and definite award upon a claim submitted by the parties to the arbitration proceeding; or
3. To clarify the award.
B. A motion under subsection A of this section must be made and notice given to all parties within twenty (20) days after the movant receives notice of the award.
C. A party to the arbitration proceeding must give notice of any objection to the motion within ten (10) days after receipt of the notice.
D. If a motion to the court is pending under Section 23, 24 or 25 of this act, the court may submit the claim to the arbitrator to consider whether to modify or correct the award:
1. Upon a ground stated in paragraph 1 or 3 of subsection A of Section 25 of this act;
2. Because the arbitrator has not made a final and definite award upon a claim submitted by the parties to the arbitration proceeding; or
3. To clarify the award.
E. An award modified or corrected pursuant to this section is subject to the provisions of subsection A of Section 20 of this act and Sections 23, 24 and 25 of this act.
Added by Laws 2005, c. 364, § 21.