2A:23A-25. Arbitration award over $20,000 Notwithstanding that a controversy was submitted pursuant to subsection a. of section 1 of this act, the arbitration award may exceed $20,000.00. The arbitration decision shall be in writing, and shall set forth the issues in controversy, and the arbitrators' findings and conclusions of law and fact. L. 1987,c.329, s.6.
New Jersey Legal Code