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News & Press: Sacramento Report

Anti-Arbitration Legislation Amended

Tuesday, May 16, 2017  
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Senate Bill 33 (Dodd) originally prohibited arbitration agreements for claims involving fraud, identity theft, and wrongful use of personal identifying information. The bill was recently amended to narrow the arbitration exception to only apply to financial institutions where the institution has unlawfully used a customer’s personal information and fraudulently created the customer relationship without the customer’s consent. However, questions of federal preemption remain.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
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