{"data":{"id":"us-nc/n.c.-gen.-stat.-1-567.62","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 1-567.62","heading":"Termination of proceedings.","body":"(a)\tThe arbitral proceedings are terminated by the final award or by an order of the arbitral tribunal in accordance with subsection (b) of this section.\n(b)\tThe arbitral tribunal shall issue an order for the termination of the arbitral proceedings if:\n(1)\tThe claimant withdraws the claim, unless the respondent objects to the order and the arbitral tribunal recognizes a legitimate interest on the respondent's part in obtaining a final settlement of the dispute;\n(2)\tThe parties agree on the termination of the proceedings; or\n(3)\tThe arbitral tribunal finds that the continuation of the proceedings has for any other reason become unnecessary or impossible.\n(c)\tSubject to the provisions of G.S. 1-567.63, the mandate of the arbitral tribunal terminates with the termination of the arbitral proceedings. (1991, c. 292.)","path":["Chapter 1. Civil Procedure.","SUBCHAPTER XV. INCIDENTAL PROCEDURE IN CIVIL ACTIONS.","Article 45B. International Commercial Arbitration and Conciliation.","Part 2. International Commercial Arbitration."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_1/GS_1-567.62.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:54:12Z","sha256":"cc2ee68a573ff4513bec58dfbfbea3ba9f3d5e7fa7c09a5868c2f0ea00ddd63b","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-1-567.61","next":"us-nc/n.c.-gen.-stat.-1-567.63"},"notice":"GroundRules: Original legal text. Not legal advice."}