CODE OF VIRGINIA

SUBMISSION OF CONTROVERSY; AGREEMENT TO ARBITRATE; CONDITION PRECEDENT TO ACTION
(§ 8.01-577)

A. Persons desiring to end any controversy, whether there is a suit pending
therefor or not, may submit the same to arbitration, and agree that such
submission may be entered of record in any circuit court or entered by order of
any general district court. Upon proof of such agreement out of court, or by
consent of the parties given in court in person or by counsel, it shall be
entered in the proceedings of such court. Thereupon a rule shall be made that
the parties shall submit to the award which shall be made in accordance with
such agreement and the provisions of this chapter.

B. Neither party shall have the right to revoke an agreement to arbitrate except
on a ground which would be good for revoking or annulling other agreements.
Submission of any claim or controversy to arbitration pursuant to such agreement
shall be a condition precedent to institution of suit or action thereon, and the
agreement to arbitrate shall be enforceable, unless the agreement also provides
that submission to arbitration shall not be a condition precedent to suit or
action.

HISTORY: Code 1950, § 8-503; 1968, c. 244; 1977, c. 617; 1983, c. 485; 1986, c.
614; 2016, c. 181.