Common use of RULES AND PROCEDURES FOR ISSUE RESOLUTION Clause in Contracts

RULES AND PROCEDURES FOR ISSUE RESOLUTION. The Governing Board shall promulgate rules creating an issue resolution process. The rules shall govern the conduct of the process, including the participation by any petitioner, affected state, and other interested party, the disposition of a petition to invoke the process, the allocation of costs for participating in the process, the possible involvement of a neutral third party or non-binding arbitration, and such further details as the Governing Board determines necessary and appropriate.