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Tex. Civil Practice and Remedies Code § 173.003

AGREEMENT OR BYLAW PROVISION VALID

Texas · Texas Civil Practice and Remedies Code · Status: effective

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Tex. Civil Practice and Remedies Code § 173.003, AGREEMENT OR BYLAW PROVISION VALID, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/633728
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(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, Chapter 23, 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.