Section 171.001 - Arbitration Agreements Valid(a) A written agreement to arbitrate is valid and enforceable if the agreement is to arbitrate a controversy that:(1) exists at the time of the agreement; or(2) arises between the parties after the date of the agreement.(b) A party may revoke the agreement only on a ground that exists at law or in equity for the revocation of a contract.Tex. Civ. Prac. and Rem. Code § 171.001
Amended by Acts 1997, 75th Leg., ch. 165, Sec. 5.01, eff. 9/1/1997.Amended by Acts 1979, 66th Leg., p. 1708, ch. 704, Sec. 1, eff. 8/27/1979. Redesignated from Vernon's Ann.Civ.Stat. art. 224 and amended by Acts 1995, 74th Leg., ch. 588, Sec. 1, eff. 9/1/1995. Acts 1965, 59th Leg., p. 1593, ch. 689, Sec. 1, eff. 1/1/1966.