FEDERAL ARBITRATION ACT

FEDERAL ARBITRATION ACT

Federal Arbitration Act. A federal statute providing for the enforcement of private agreements to arbitrate disputes related to interstate commercial and maritime matters. ? Under the Act, arbitration agreements are enforced in accordance with their terms, just as other contracts are. The Act supersedes substantive state laws that frustrate enforcement of arbitration agreements, but it does not apply to matters of procedure. 9 USCA ¡ì¡ì 1¨C16. ¡ª Abbr. FAA. ¡ª Also termed United States Arbitration Act. [Cases: Arbitration

2. C.J.S. Arbitration ¡ì 4.]


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