A statute of limitation is the time allowed to file a court case. Statutes of limitation apply in both civil and criminal cases.This article will discuss the provisions of the recently adopted. Multiple courts have held that statutes of limitations simply do not apply in an arbitration proceeding without some contractual provision. The limits of underinsured motorist coverage shall be equal to the lesser of the limits of the named insured's motor vehicle liability coverage. The answer is that a typical statute of limitations probably does not apply to an arbitration. I say "probably" because there is a split of authority. This section of the Guide discusses the filing of exceptions and the scope of Authority review of arbitration awards once exceptions are filed. The provisions of the Utah Uniform Arbitration Act and the Federal Arbitration Act govern this Agreement. After dismissal of federal claims, the statute of limitations is tolled for 30 days pending the refiling of the claims in state court.