Sec. 6. When an agreement is made according to sections 1 through 5 of this chapter, the parties shall execute bonds. The bonds must contain: (1) a condition to abide and faithfully perform the award or umpirage; (2) the name of the arbitrator or arbitrators; (3) the matters submitted to arbitration for determination; and (4) an agreement to make the submission a rule of the court designated in the agreement of submission. [Pre-1998 Recodification Citation: 34-4-1-3.]
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.