Sec. 15. In the absence of an agreement to be bound by arbitration, a buyer may:

(1) commence legal proceedings against a seller based upon a claim subject to this chapter; or

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Terms Used In Indiana Code 15-15-5-15

  • arbitration: refers to arbitration conducted under this chapter. See Indiana Code 15-15-5-4
  • buyer: means a buyer of:

    Indiana Code 15-15-5-5

  • Counterclaim: A claim that a defendant makes against a plaintiff.
  • seller: refers to a seller of:

    Indiana Code 15-15-5-8

(2) assert a claim subject to this chapter as a counterclaim or defense in any action brought by the seller;

at any time after the receipt of the report of arbitration.

[Pre-2008 Recodification Citation: 15-4-11-12.]

As added by P.L.2-2008, SEC.6.