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MS HB1274
Bill
Status
2/1/2022
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Arbitration clauses in contracts between sellers/providers and Mississippi citizens become 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, 2022
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Amends multiple sections of Mississippi Code including provisions governing arbitration agreements, Board of Trustees of State Institutions of Higher Learning international contracts, and Mississippi Transportation Commission construction contracts
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Public contract bidders retain the right to refuse binding arbitration clauses and must state refusal on bid documents before contract execution
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Arbitration provisions are waived if either party initiates litigation and the other party fails to assert arbitration as a defense before the answer deadline
Legislative Description
Arbitration clause; considered nonbinding in certain contracts.
Last Action
Died In Committee
2/1/2022