Tex. Civ. Practice & Remedies Code Section 173.003
Agreement or Bylaw Provision Valid


(a)

A written agreement to submit a controversy to arbitration at common law is valid and enforceable if the agreement is to arbitrate a controversy that 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.

(c)

A provision in the bylaws of a nonprofit corporation incorporated under the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon’s Texas Civil Statutes) or under Subchapter C (Formation), Chapter 23 (Special-purpose Corporations), Business Organizations Code, that requires a member of the corporation to arbitrate at common law a controversy that subsequently arises between members or between the corporation and its members is a valid, enforceable, and irrevocable agreement by a member of the corporation to arbitrate the controversy.
Added by Acts 1997, 75th Leg., ch. 165, Sec. 5.03, eff. Sept. 1, 1997.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 750 (H.B. 3949), Sec. 3, eff. June 12, 2023.

Source: Section 173.003 — Agreement or Bylaw Provision Valid, https://statutes.­capitol.­texas.­gov/Docs/CP/htm/CP.­173.­htm#173.­003 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 173.003’s source at texas​.gov