4VAC25-165-20: Costs of arbitration
Where this section sits in the code
- Title 4. Conservation And Natural Resources
- Agency 25. Department of Energy
- Chapter 165. Regulations Governing the Use of Arbitration to Resolve Coalbed Methane Gas Ownership Disputes
Arbitrations shall be funded from accrued interest. The department shall determine on a case-by-case basis if sufficient funds exist to conduct an arbitration. Sufficiency of funds shall be determined by the amount of accrued interest available at the time arbitration is requested, less estimated costs of pending arbitrations. If sufficient funds are not available, the department shall maintain a waiting list of parties willing to arbitrate.
Collected 2026-09-14T04:46:23Z. Source file · JSON