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AL HB527
Bill
Status
3/14/2012
Primary Sponsor
Joseph Mitchell
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AI Summary
HB527 Summary
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Adopts the Alabama Revised Uniform Arbitration Act to allow written agreements to arbitrate future controversies to be enforceable if entered into freely and knowingly by parties, replacing Alabama's previous anti-arbitration statute.
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Establishes specific procedural requirements for valid arbitration agreements including separate written agreements, attorney representation at execution, or prominent notice on contracts using specified formatting and font sizes.
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Creates a comprehensive arbitration framework governing appointment of arbitrators, arbitrator disclosure obligations, discovery procedures, witness testimony, and issuance of awards with arbitrators empowered to award reasonable punitive damages.
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Provides courts with authority to compel arbitration, confirm or vacate awards, and modify awards based on enumerated grounds including corruption, fraud, evident partiality, or arbitrator misconduct, with appeal rights preserved.
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Repeals the former Division 1, Article 1, Title 6, Chapter 6 of the Alabama Code relating to arbitration and becomes effective three months after passage and approval.
Legislative Description
Alabama Revised Uniform Arbitration Act, adopted, Sec. 8-1-41 am'd.; Secs. 6-6-1 to 6-6-16, inclusive, repealed
Arbitration
Last Action
Read for the first time and referred to the House of Representatives committee on Commerce and Small Business
3/14/2012