Loading chat...
MI SB0903
Bill
AI Summary
-
Enacts the Uniform Arbitration Act to govern agreements to arbitrate disputes and establish procedures for arbitration proceedings, effective July 1, 2013.
-
Makes arbitration agreements valid, enforceable, and irrevocable except on grounds that exist at law or equity for contract revocation; courts decide whether an agreement exists while arbitrators decide enforceability of conditions precedent.
-
Grants arbitrators authority to conduct proceedings fairly and expeditiously, including issuing subpoenas, permitting depositions and discovery, awarding remedies authorized by law, and issuing provisional remedies to protect proceeding effectiveness.
-
Provides parties the right to legal representation, establishes disclosure requirements for arbitrator impartiality, and grants arbitrators and arbitration organizations immunity from civil liability comparable to judicial immunity.
-
Specifies grounds for vacating awards (corruption, fraud, partiality, misconduct, exceeding powers, lack of agreement, improper notice) and modifying awards (mathematical errors, claims not submitted, formal defects), with 90-day filing deadlines for motions.
Legislative Description
Civil procedure; alternate dispute resolution; uniform arbitration act; enact. Creates new act. TIE BAR WITH: SB 0901'12, SB 0902'12
Law, uniform or model acts
Last Action
Assigned Pa 0371'12
12/27/2012