Skip to Navigation | Skip to Main Content | Skip to Site Map | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

2006 Florida Statutes

Payment of arbitration award; interest.
Section 766.211, Florida Statutes 2006

766.211  Payment of arbitration award; interest.--

(1)  Within 20 days after the determination of damages by the arbitration panel pursuant to s. 766.207, the defendant shall:

(a)  Pay the arbitration award, including interest at the legal rate, to the claimant; or

(b)  Submit any dispute among multiple defendants to arbitration pursuant to s. 766.208

(2)  Commencing 90 days after the award rendered in the arbitration procedure pursuant to s. 766.207, such award shall begin to accrue interest at the rate of 18 percent per year.

History.--s. 58, ch. 88-1; s. 34, ch. 88-277.