Prohibited actions for arbitration organization.

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  4. Prohibited actions for arbitration organization.

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2A:23B-34 Prohibited actions for arbitration organization.

2. An arbitration organization shall not administer a consumer arbitration, or provide any other services related to a consumer arbitration, if:

a. the arbitration organization has, or within the preceding year has had, a financial interest in any party or attorney for a party; or

b. any party or attorney for a party has, or within the preceding year has had, any type of financial interest in the arbitration organization.

L.2019, c.493, s.2.


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