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H. 3203
STATUS INFORMATION
General Bill
Sponsors: Rep. McKnight
Document Path: l:\council\bills\bh\7026ahb17.docx
Introduced in the House on January 10, 2017
Currently residing in the House Committee on Judiciary
Summary: Arbitration agreements
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/15/2016 House Prefiled 12/15/2016 House Referred to Committee on Judiciary 1/10/2017 House Introduced and read first time (House Journal-page 110) 1/10/2017 House Referred to Committee on Judiciary (House Journal-page 110)
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VERSIONS OF THIS BILL
TO AMEND SECTION 15-48-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE VALIDITY OF ARBITRATION AGREEMENTS AND EXCEPTIONS FROM OPERATION OF THE CHAPTER, SO AS TO PROVIDE THAT THE NOTICE PROVISIONS OF THE CHAPTER APPLY REGARDLESS OF WHETHER THE REMAINING PROVISIONS APPLY TO A PARTICULAR CONTRACT CONTAINING AN ARBITRATION CLAUSE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 15-48-10 of the 1976 Code is amended by adding:
"(c) Notwithstanding the exceptions to applicability of this chapter provided in subsection (b), the notice requirements of subsection (a) which provide that notice that a contract is subject to arbitration must be typed in underlined capital letters, or rubber-stamped prominently, on the first page of the contract, apply to all contracts containing arbitration clauses. If this notice is not displayed on the contract as provided in this subsection, the contract is not subject to arbitration."
SECTION 2. This act takes effect upon approval by the Governor.
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January 12, 2017 at 4:37 PM