§ 28-25-14 Arbitration of disputed decisions. In case any owner of any boiler or pressure vessel is dissatisfied with the decision of the division in any matter, he or she may within two (2) days after the decision demand, in writing, an arbitration of the subject matter of the decision and, within five (5) days after that demand, the director of labor and training shall appoint one arbitrator, the owner shall appoint another arbitrator, and the two (2) so chosen shall appoint a third. If within five (5) days after their appointment they are unable to agree upon the appointment of the third arbitrator, then the arbitrator shall be appointed by any justice of the superior court to whom application is made by the owner after two (2) days written notice to the administrator of the division. If no application is made within fifteen (15) days after the decision of the division, the demand for arbitration shall be deemed to be withdrawn and the decision of the division shall become final and binding upon the parties. The arbitrators shall hear the parties, and the award of any two (2) shall be final and binding, which award shall be filed in the office of the division and notice of the award given to the owner. The arbitrators shall be entitled to receive compensation for each arbitration, one-half ( 1/2) of it to be paid by the owner and the other one-half ( 1/2) to be paid by the state. The decision of the division shall remain in force until the award of arbitrators is made.