New York Civil Practice Law and Rules Code § 7516

Confirmation of an award based on a consumer credit transaction
Open in Lexace · Ask the AI about this section
§ 7516. Confirmation of an award based on a consumer credit\ntransaction. In any proceeding under section 7510 of this article to\nconfirm an award based on a consumer credit transaction, the party\nseeking to confirm the award shall plead the actual terms and conditions\nof the agreement to arbitrate. The party shall attach to its petition\n(a) the agreement to arbitrate; (b) the demand for arbitration or notice\nof intention to arbitrate, with proof of service; and (c) the\narbitration award, with proof of service. If the award does not contain\na statement of the claims submitted for arbitration, of the claims ruled\nupon by the arbitrator, and of the calculation of figures used by the\narbitrator in arriving at the award, then the petition shall contain\nsuch a statement. The court shall not grant confirmation of an award\nbased on a consumer credit transaction unless the party seeking to\nconfirm the award has complied with this section.\n

‹ Prev All New York 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.