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MS HB1231

Bill

Status

Failed

2/3/2015

Primary Sponsor

Earle Banks

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Arbitration clauses in contracts between sellers/providers and Mississippi citizens shall be considered nonbinding, allowing citizens to pursue all legal remedies in state courts

  • Applies to contracts executed on or after July 1, 2015

  • Amends multiple sections of Mississippi Code to conform existing arbitration provisions to the new nonbinding standard, including general arbitration law, state institutions of higher learning contracts, and Mississippi Transportation Commission contracts

  • Preserves the ability of parties to voluntarily submit existing controversies to arbitration through written agreement

  • Public contract bidders may refuse to accept binding arbitration clauses without having their bids rejected

Legislative Description

Arbitration clause; considered nonbinding in certain contracts.

Last Action

Died In Committee

2/3/2015

Committee Referrals

Judiciary A1/19/2015

Full Bill Text

No bill text available