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§10-3-2  Agreements to arbitrate subject to chapter. –

Published: 2015

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Courts and civil procedure–Procedure in particular actions



SECTION 10-3-2

   § 10-3-2  Agreements to arbitrate subject

to chapter. –

When clearly written and expressed, a provision in a written contract to settle

by arbitration a controversy thereafter arising out of such contract, or out of

the refusal to perform the whole or any part thereof, or an agreement in

writing between two (2) or more persons to submit to arbitration any

controversy existing between them at the time of the agreement to submit shall

be valid, irrevocable, and enforceable, save upon such grounds as exist at law

or in equity for the revocation of any contract; provided, however, that the

provisions of this chapter shall not apply to collective contracts between

employers and employees, or between employers and associations of employees, in

respect to terms or conditions of employment; and provided further, that in all

contracts of primary insurance, wherein the provision for arbitration is not

placed immediately before the testimonium clause or the signature of the

parties, the arbitration procedure may be enforced at the option of the

insured, and in the event the insured exercises the option to arbitrate, then

the provisions of this chapter shall apply and be the exclusive remedy

available to the insured.

History of Section.

(P.L. 1929, ch. 1408, § 1; G.L. 1938, ch. 475, § 1; P.L. 1939, ch.

659, § 2; G.L. 1956, § 10-3-2; P.L. 1974, ch. 48, § 1; P.L.

1976, ch. 342, § 1; P.L. 1998, ch. 275, § 1.)