SB 0243 | Removes the Minimum Amount In Controversy Requirement in Arbitration Agreements |
Sponsor: | Caskey | |||
LR Number: | S1034.01T | Fiscal Note: | 1034-01 | |
Committee: | Judiciary | |||
Last Action: | 06/04/97 - Signed by Governor | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1997 | |||
SB 243 - This act would remove the requirement in
arbitration agreements that the amount in controversy be greater
than the maximum amount allowed in small claims court actions
($3,000).
MARGARET J. TOALSON