The Uniform Arbitration Act was a United States act from 1955 which specified arbitration in the United States law.[1] It was created by the National Conference of Commissioners on Uniform State Laws. The law is currently preempted in almost all contexts by the 1925 FAA.
The act was drafted as a model arbitration statute to allow each U.S. state to adopt a uniform law of arbitration, instead of having each state enact a unique arbitration statute. The act was updated by the Uniform Law Commission in the year 2000.[1] The new act, called the "Revised Uniform Arbitration Act" has been adopted by eighteen states.[2] Thirty-five states have adopted some version of the Uniform Arbitration Act.[3]
References
edit- ^ a b "Arbitration Act (2000)". Uniform Law Commission. The National Conference of Commissioners on Uniform State Law. Retrieved April 24, 2019.
- ^ Meyerson, Bruce (2016). "The Revised Uniform Arbitration Act: 15 Years Later" (PDF). Dispute Resolution Journal. Retrieved 21 April 2019.
- ^ "Uniform Business and Financial Laws Locator". Legal Information Institute. Cornell University Law School. Retrieved 15 September 2016.