Texas HB4713 amends the Texas General Arbitration Act to align arbitration claims with court action time limits.
HB4713 amends the Texas General Arbitration Act by changing how time limits for arbitration claims are calculated. It ensures that arbitration claims follow the same time limits as if they were filed in court. If a lawsuit is filed in court, it will pause the time limits for arbitration of the same claim. The act can take effect immediately if approved by two-thirds of the legislature, otherwise it will take effect 91 days after the legislative session ends.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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