(a) This chapter shall be known and may be cited as the “Delaware Voluntary Alternative Dispute Resolution Act.”

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(b) The purposes of the Delaware Voluntary Alternative Dispute Resolution Act are to provide a means to resolve business disputes without litigation and to permit parties to agree, prior to any disputes arising between them, to utilize alternative dispute resolution techniques if a dispute occurs. An interpretation of the provisions of this chapter shall seek to achieve these purposes.

70 Del. Laws, c. 151, § ?1;