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31. Prior Action or Proceeding.

This act does not affect an action or proceeding commenced or right accrued before this act takes effect. Subject to section 3 of this act, an arbitration agreement made before the effective date of this act is governed by N.J.S. 2A:24-1 et seq. and P.L.1987, c.54 (C. 2A:23A-1 et seq.).

L.2003,c.95,s.31.