WILLIAM DONALD SCHAEFER, Governor Ch. 333

(II) IF A PARTY DOES NOT HAVE A PLACE OF BUSINESS,
THE PARTY'S HABITUAL RESIDENCE SHALL BE DEEMED THE PLACE OF

BUSINESS.

(C) "ARBITRAL TRIBUNAL" MEANS A SOLE ARBITRATOR OR A
PANEL OF ARBITRATORS.

3-2B-02.

THE PURPOSE OF THIS SUBTITLE IS TO:

(1) PROMOTE INTERNATIONAL COMMERCIAL ARBITRATION
IN THIS STATE;

(2) ENFORCE ARBITRATION AGREEMENTS BY PARTIES IN
INTERNATIONAL COMMERCIAL TRANSACTIONS;

(3) FACILITATE THE PROMPT AND EFFICIENT RESOLUTION BY
ARBITRATION OF DISPUTES IN INTERNATIONAL COMMERCIAL
AGREEMENTS AND TRANSACTIONS; AND

(4) PROMOTE UNIFORMITY IN THE LAW OF INTERNATIONAL
COMMERCIAL ARBITRATION IN THE UNITED STATES.

3-2B-03.

(A) IN ALL MATTERS RELATING TO THE PROCESS AND
ENFORCEMENT OF INTERNATIONAL COMMERCIAL ARBITRATION AND
AWARDS, THE LAWS OF MARYLAND SHALL BE THE ARBITRATION
STATUTES AND LAWS OF THE UNITED STATES DEALING—WITH
ARBITRATION.

(B) THIS SUBTITLE SHALL BE INTERPRETED AND CONSTRUED AS
TO PROMOTE UNIFORMITY IN THE LAW OF INTERNATIONAL
COMMERCIAL ARBITRATION IN THE UNITED STATES.

3-2B-04.

THE CIRCUIT COURTS OF THIS STATE SHALL HAVE JURISDICTION:

(1) TO ENFORCE AGREEMENTS AND ORDERS PROVIDING FOR
INTERNATIONAL COMMERCIAL ARBITRATION;

(2) TO ENTER JUDGMENTS ON ARBITRATION AWARDS; AND

(3) TO RECOGNIZE AND ENFORCE IN ACCORDANCE WITH THIS
SUBTITLE ARBITRATION AWARDS RENDERED IN FOREIGN COUNTRIES.

3-2B-05.

(A) ANY PETITION COMPLAINT FILED IN CIRCUIT COURT WITH
RESPECT TO INTERNATIONAL COMMERCIAL ARBITRATION SHALL BE
FILED WITH THE COURT IN THE COUNTY:

- 1153 -