Tennessee Arbitration Agreement Between Operator and Nonoperator
Description
How to fill out Arbitration Agreement Between Operator And Nonoperator?
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FAQ
Arbitration agreements are presumptively valid, enforceable, and irrevocable in Tennessee (T.C.A.
This law provides that arbitration agreements are generally valid and enforceable. The major exception to this provision is that the arbitration agreement is not enforceable if it violates the general law of contracts ? which applies to all contracts under the law of the state that governs the agreement.
Section 29-9-103 - Punishment (a) The punishment for contempt may be by fine or by imprisonment, or both.
Performance of Forbidden Act. If the contempt consists in the performance of a forbidden act, the person may be imprisoned until the act is rectified by placing matters and person in status quo, or by the payment of damages. Code 1858, § 4109; Shan., § 5921; Code 1932, § 10122; T.C.A.
A written agreement to submit any existing controversy to arbitration or a provision in a written contract to submit to arbitration any controversy thereafter arising between the parties is valid, enforceable and irrevocable save upon such grounds as exist at law or in equity for the revocation of any contract; ...
A party is deceived, intimidated, or coerced during the execution of the arbitration agreement and requests a declaration that such arbitration agreement is invalid; and. The arbitration agreement violates prohibitions specified by the law.
No action shall be brought against a lender or creditor upon any promise or commitment to lend money or to extend credit, or upon any promise or commitment to alter, amend, renew, extend or otherwise modify or supplement any written promise, agreement or commitment to lend money or extend credit, unless the promise or ...
Tennessee Code Annotated § 29-9-102(3) authorizes courts to find a person who willfully disobeys ?any lawful writ, process, order, rule, decree, or command? of a court to be in contempt of court.