HB 18-1262

HB 18-1262, also known as the Arbitration Services Provider Transparency Act, requires companies that handle consumer or employment disputes through arbitration to share and publish information about these arbitrations from the past five years. This means that arbitration service providers will need to make public details about how they manage and resolve disputes involving consumers and employees. The bill has been signed into law, so arbitration services providers are now required to comply with these new transparency rules.

Official Summary

The bill requires arbitration services providers that administer consumer or employment arbitrations to collect, publish, and make available specified information on those arbitrations administered in the previous 5 years. The bill amends a provision of the uniform arbitration act to make the bill effective. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

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