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MS HB385
Bill
Status
2/2/2021
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Arbitration clauses in contracts between sellers/providers and Mississippi citizens are nonbinding, allowing citizens to pursue all legal remedies in state courts regardless of arbitration provisions
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Applies to contracts executed on or after July 1, 2021
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Amends existing arbitration statutes to make arbitration subject to the new nonbinding provision, including general arbitration agreements, public contracts, and Mississippi Transportation Commission contracts
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International contracts involving the Board of Trustees of State Institutions of Higher Learning are also subject to the nonbinding arbitration provision for contracts executed after July 1, 2021
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Preserves the option for parties to voluntarily submit disputes to arbitration, but removes the binding enforcement of arbitration clauses in consumer and citizen contracts
Legislative Description
Arbitration clause; considered nonbinding in certain contracts.
Last Action
Died In Committee
2/2/2021