Oregon Revised Statutes

Or. Rev. Stat. § 742.505 (2026)

Arbitration procedures under ORS 742.504

✓ current as of May 2026
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      742.505 Arbitration procedures under ORS 742.504. Unless the parties agree otherwise, arbitration proceedings under ORS 742.504 shall be conducted as follows:

      (1) Parties to an arbitration proceeding shall submit the dispute to arbitration by a panel of three arbitrators. The panel shall consist of one arbitrator chosen by each party and one arbitrator chosen by the two arbitrators previously chosen to sit on the panel.

      (2) An arbitration proceeding shall be conducted under local court rules in the county where the arbitration is held. [2007 c.328 §2]

 

      Note: 742.505 was added to and made a part of ORS chapter 742 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: Burns v. Am. Fam. Mut. Ins., 487 P.3d 50 (Or. Ct. App. 2021).
Burns v. Am. Fam. Mut. Ins., 487 P.3d 50 (Or. Ct. App. 2021). “recover damages from the owner or oper- ator of an uninsured vehicle because of bodily injury to the insured, or do not agree as to the amount of payment that may be owing under this coverage, then, in the event the insured and the insurer elect by mutual agreement at the time…”
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