If the conciliation succeeds in settling the dispute, and the result of the conciliation is reduced to writing and signed by the conciliator or conciliators and the parties or their representatives, the written agreement shall be treated as an arbitral award rendered by an arbitral tribunal duly constituted in and pursuant to the laws of this state, and shall have the same force and effect as a final award in arbitration.

Terms Used In Ohio Code 2712.87

  • Arbitral award: means any decisions of the arbitral tribunal on the substance of the dispute submitted to it and includes an interim, interlocutory, or partial arbitral award. See Ohio Code 2712.01
  • Arbitral tribunal: means a sole arbitrator or a panel of arbitrators. See Ohio Code 2712.01
  • Arbitration: means any arbitration, whether or not administered by a permanent arbitral institution. See Ohio Code 2712.01
  • Conciliation: means any conciliation, whether or not administered by a permanent conciliation institution. See Ohio Code 2712.01
  • state: means the United States and any foreign nation. See Ohio Code 2712.01

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