D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-C. BANKING AND FINANCIAL INSTITUTONS |
Chapter 26-C20. PREDATORY LENDING |
Section 26-C2006. MAYOR'S STANDARD FOR ARBITRATION
Latest version.
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2006.1For purposes of this Act, the standard for arbitration shall be policies and procedures of the American Arbitration Association.
2006.2Arbitration clauses that comply with policies and procedures of the American Arbitration Association and § 2006.3 shall be presumed not to be oppressive and not to violate section 218 of the Act.
2006.3Persons using arbitration with respect to a covered loan shall, where applicable, comply with the procedures established in D.C. Official Code §§ 16-4301 et seq. (2001).
source
Final Rulemaking published at 49 DCR 10779, 10781-10782 (November 29, 2002).