TITLE 10
Courts and civil procedureProcedure in particular actions
CHAPTER 10-3
Arbitration
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.)
