Texas Civil Practice and Remedies Code 172.031 – Arbitration Agreements Valid
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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.
Terms Used In Texas Civil Practice and Remedies Code 172.031
- Contract: A legal written agreement that becomes binding when signed.
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005