15-U.S.C.-1226

15-U.S.C.-1226

§1226 – Motor Vehicle Franchise Contract Dispute Resolution Process

Pathway

Title 15 > Chapter 27 > Section 1226

Details

  • Reference: Section 1226
  • Legend: §1226 – Motor Vehicle Franchise Contract Dispute Resolution Process
  • USCode Year: 2013

Provision Content

(a) Election of arbitration

(1) Definitions

For purposes of this subsection—

(A) the term motor vehicle has the meaning given such term in section 30102(6) of title 49; and

(B) the term motor vehicle franchise contract means a contract under which a motor vehicle manufacturer, importer, or distributor sells motor vehicles to any other person for resale to an ultimate purchaser and authorizes such other person to repair and service the manufacturers motor vehicles.

(2) Consent required

Notwithstanding any other provision of law, whenever a motor vehicle franchise contract provides for the use of arbitration to resolve a controversy arising out of or relating to such contract, arbitration may be used to settle such controversy only if after such controversy arises all parties to such controversy consent in writing to use arbitration to settle such controversy.

(3) Explanation required

Notwithstanding any other provision of law, whenever arbitration is elected to settle a dispute under a motor vehicle franchise contract, the arbitrator shall provide the parties to such contract with a written explanation of the factual and legal basis for the award.

(b) Application

Subsection (a) of this section shall apply to contracts entered into, amended, altered, modified, renewed, or extended after November 2, 2002.

(Pub. L. 107–273, div. C, title I, §11028, Nov. 2, 2002, 116 Stat. 1835.)

Codification

Section was enacted as part of the 21st Century Department of Justice Appropriations Authorization Act, and not as part of act Aug. 8, 1956, ch. 1038, which comprises this chapter.

U.S. Encyclopedia of Law Coverage

15-U.S.C.-1199 in the Legal Encyclopedia: Trade Law

In this entry about 15-U.S.C.-1199, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.

Title 15 – Commerce And Trade in the Legal Encyclopedia: Motor Vehicle

In this entry about Title 15 – Commerce And Trade, find legal reference material, bibliographies and premiere content related to motor vehicle in the American Encyclopedia of Law, presenting a comprehensive view of the United States motor vehicle-specific issues, written by authorities in the field.

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