Bulletin 13-008 - New Requirements for Arbitration Clauses

Effective October 1, 2013, Assembly Bill 326 (2013) added a new section to Chapter 597, Miscellaneous Trade Regulations and Prohibited Acts, of the Nevada Revised Statutes. Under the new law, if an agreement includes a provision that requires a person to submit to arbitration, the agreement must include a specific authorization indicating that the person has affirmatively agreed to the provision. 

Read more