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(a) On stipulation of the litigant parties, any court of this state, except in criminal causes, may order a cause to be tried by a temporary judge who is licensed in Arkansas to practice law. The temporary judge shall be sworn and empowered to act until final determination of the cause.
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(b) The stipulation of the litigant parties shall include the amount of compensation to be paid the temporary judge for trying the cause and the method of paying the compensation.
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(c) The Supreme Court may adopt rules setting forth the procedure for implementing this section.
