Award On Agreed Terms

Tex. Civil Practice and Remedies Code § 172.146, under Chapter 172.

Tex. Civil Practice and Remedies Code § 172.146

Sec. 172.146. AWARD ON AGREED TERMS. (a) The arbitration tribunal shall make an award on agreed terms as provided by Section 172.117. An award on agreed terms must state that it is an arbitration award. (b) An award on agreed terms has the same status and effect as any other arbitration award on the substance of the dispute. Added by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.