§ 3-2B-02. Purpose  


Latest version.



  •    The purpose of this subtitle is to:

       (1) Promote international commercial arbitration in this State;

       (2) Enforce arbitration agreements by parties in international commercial transactions;

       (3) Facilitate the prompt and efficient resolution by arbitration of disputes in international commercial agreements and transactions; and

       (4) Promote uniformity in the law of international commercial arbitration in the United States.


HISTORY: 1990, ch. 333.