N.Y. CVP. LAW § 7601 : NY Code - Section 7601: Special proceeding to enforce agreement that issue or controversy be determined by a person named or to be selected
Search N.Y. CVP. LAW § 7601 : NY Code - Section 7601: Special proceeding to enforce agreement that issue or controversy be determined by a person named or to be selected
A special
proceeding may be commenced to specifically enforce an agreement, other
than one contained in the standard fire insurance policy of the state,
that a question of valuation, appraisal or other issue or controversy be
determined by a person named or to be selected. The court may enforce
such an agreement as if it were an arbitration agreement, in which case
the proceeding shall be conducted as if brought under article
seventy-five. Where there is a defense which would require dismissal of
an action for breach of the agreement, the proceeding shall be
dismissed.
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PROCEEDING TO ENFORCE AGREEMENT FOR DETERMINATION OF ISSUE