Revised Uniform Arbitration Act (RUAA) | Practical Law
Revised Uniform Arbitration Act (RUAA)
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Revised Uniform Arbitration Act (RUAA)
Practical Law Glossary Item w-017-3803
(Approx. 3 pages)
Glossary
Revised Uniform Arbitration Act (RUAA)
The
Revised Uniform Arbitration Act
(RUAA) is a uniform law that many states have adopted to codify rules on judicial recognition and enforcement of
arbitration
agreements and awards. The RUAA was enacted in August 2000 by the Uniform Law Commission (ULC) (also called the National Conference of Commissioners on Uniform State Laws) to revise the
Uniform Arbitration Act
(UAA) due to the increased popularity of arbitration as a method of
alternative dispute resolution
. While the UAA is largely based on the
Federal Arbitration Act (FAA)
, the RUAA adds several additional provisions that broadly parallel the
United Nations Commission on International Trade Law (UNCITRAL)
Model Law on International Commercial Arbitration
, especially the provisions on the constitution of the arbitral tribunal, provisional measures, arbitral procedure, and awards and costs.