Mississippi Legislature

1998 Regular Session

House Bill 472

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Arbitration; provide for banks and financial institutions.

History of Actions:

101/06/98(H)Referred To Judiciary A
202/03/98(H)Died In Committee

Background Information:

Effective dateJuly 1, 1998
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

House Committee:

Principal Author: Chaney

Code Section: A 011-0015-0001

Title: AN ACT TO ESTABLISH ARBITRATION PROCEDURES FOR BANKS AND FINANCIAL INSTITUTIONS; TO ESTABLISH THE VALIDITY OF AN ARBITRATION AGREEMENT; TO SET FORTH PROCEDURES FOR COMPELLING OR STAYING ARBITRATION; TO PROVIDE FOR APPOINTMENT OF ARBITRATORS BY THE COURT IF THE ARBITRATION AGREEMENT DOES NOT PROVIDE A METHOD OF APPOINTMENT; TO REQUIRE MAJORITY ACTION BY THE ARBITRATORS; TO SET FORTH PROCEDURES FOR PREHEARING DISCOVERY OF EVIDENCE, A HEARING ON THE MATTER, THE ISSUANCE OF SUBPOENAS FOR WITNESSES AND DOCUMENTS AND AN AWARD IN THE CASE OF ARBITRATION UNDER THE PROVISIONS OF THIS ACT; TO PROVIDE FOR PAYMENT OF THE EXPENSES OF ARBITRATION; TO PROVIDE THAT THE COURT SHALL CONFIRM OR VACATE AN ARBITRATION AWARD; TO PROVIDE FOR MODIFICATION OR CORRECTION OF AN AWARD; TO SET FORTH JURISDICTION AND VENUE UNDER THIS ACT; TO PROVIDE PROCEDURES FOR APPEALS FROM AWARDS UNDER THIS ACT; TO AMEND SECTION 11-15-1, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/03/98 at 18:28.



End Of Document

1998/History/HB\HB0472.htm