(1) Arbitration proceedings under ORS § 742.520 shall be conducted under local court rules in the county where the arbitration is held.

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(2) Findings and awards made in an arbitration proceeding under this section:

(a) Are binding on the parties to the arbitration proceeding;

(b) Are not binding on any other party; and

(c) May not be used for the purpose of collateral estoppel. [2007 c.328 § 3]

742.521 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.