LD 1218
pg. 74
Page 73 of 94 An Act To Enact the Revised Uniform Arbitration Act Page 75 of 94
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LR 468
Item 1

 
2. The Drafting Committee considered but rejected the
language in FAA Section 9 that limits a motion to confirm an
award to a one-year period of time. The consensus of the
Drafting Committee was that the general statute of limitations
in a State for the filing and execution on a judgment should
apply.

 
§8723.__Vacating award

 
1.__Grounds for vacating.__Upon motion to the court by a
party to an arbitration proceeding, the court shall vacate an
award made in the arbitration proceeding if:

 
A.__The award was procured by corruption, fraud or other
undue means;

 
B.__There was:

 
(1)__Evident partiality by an arbitrator appointed as
a neutral arbitrator;

 
(2)__Corruption by an arbitrator; or

 
(3)__Misconduct by an arbitrator prejudicing the
rights of a party to the arbitration proceeding;

 
C.__An arbitrator refused to postpone the hearing upon
showing of sufficient cause for postponement, refused to
consider evidence material to the controversy or otherwise
conducted the hearing contrary to section 8715 so as to
prejudice substantially the rights of a party to the
arbitration proceeding;

 
D.__An arbitrator exceeded the arbitrator's powers;

 
E.__There was no agreement to arbitrate, unless the person
participated in the arbitration proceeding without raising
the objection under section 8715, subsection 3 not later
than the beginning of the arbitration hearing; or

 
F.__The arbitration was conducted without proper notice of
the initiation of an arbitration as required in section
8709 so as to prejudice substantially the rights of a
party to the arbitration proceeding.

 
2.__Timing of motion to vacate.__A motion under this section
must be filed within 90 days after the movant receives notice
of the award pursuant to section 8719 or within 90 days after
the
movant receives notice of a modified or corrected award
pursuant to section 8720, unless the movant alleges that the
award was


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