HR 3122
102th Congress
House
Commerce
Commercial arbitration
Contracts
To amend chapter 1 of title 9 of the United States Code to permit each party to a sales and service contract to accept or reject arbitration as a means of settling disputes under the contract.
Introduced: July 31, 1991
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 1992
Subcommittee Hearings Held.
Apr 23, 1992
Referred to the Subcommittee on Economic and Commercial Law.
Jul 31, 1991
Referred to the House Committee on Judiciary.
Jul 31, 1991
Introduced in House
Plain-English summary
Provides that each party to a sales and service contract that provides for the use of arbitration to resolve controversies shall have the option to reject arbitration as the means of settling a controversy.
Requires the arbitrator, in making an award in any controversy arising out of or relating to such a contract, to provide the parties with a written explanation of the reasons for the award. Allows any such award to be vacated by a court order whenever the court finds that the arbitrator disregarded, misapplied, or misinterpreted State law.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2