The bill applies to certain consumer and employment arbitrations and:
- Establishes ethical standards for arbitrators;
- Specifies that any party may challenge in court the impartiality of an arbitrator or arbitration services provider;
- Requires specified disclosures by arbitrators and arbitration services providers;
- Authorizes injunctive relief against an arbitrator or arbitration services provider who engages in certain specified acts; and
- Specifies that a right conferred by the bill may not be waived prior to a demand or filing of a claim and only afterward by a signed waiver.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)