Texas Civil Practice and Remedies Code

§ 172.031 — ARBITRATION AGREEMENTS VALID

CP § 172.031Title 7. ALTERNATE METHODS OF DISPUTE RESOLUTION · Ch. 172. ARBITRATION AND CONCILIATION OF INTERNATIONAL COMMERCIAL DISPUTES · Art. B. ARBITRATION AGREEMENTS

Statute text

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(a)A written arbitration agreement is valid and enforceable if the agreement is to arbitrate a controversy that:

(1)exists at the time of the agreement; or

(2)arises between the parties after the date of the agreement.

(b)A party may revoke the agreement only on a ground that exists at law or in equity for the revocation of a contract.

Legislative history

Added by Acts 1997, 75th Leg., ch. 165, Sec. 5.02, eff. Sept. 1, 1997.