N.J. Stat. § 2A:23B-36

Current through L. 2024, c. 80.

Section 2A:23B-36 - Collection, publishing, availability of certain information

a. Any arbitration organization that administers or otherwise is involved in more than 50 consumer arbitrations per year shall collect, publish at least quarterly, and make available to the public, all of the following information regarding each consumer arbitration within the preceding five years:

(1) the name of any corporation or other business entity that is party to the arbitration;

(2) the type of dispute involved, including, but not limited to, goods, banking, insurance, health care, or employment. In the case of arbitration involving employment, the amount of the employees' annual wage divided into the following ranges:

(a) less than $100,000;

(b) $100,000 to $250,000, inclusive; and

(c) more than $250,000;

(3) whether the consumer was the prevailing party;

(4) the number of occasions a business entity, which is a party to an arbitration, has previously been a party in an arbitration or mediation administered by the arbitration organization;

(5) whether the consumer was represented by an attorney;

(6) the date the arbitration organization received the demand for arbitration, the date the arbitrator was appointed, and the date of disposition by the arbitrator or arbitration organization;

(7) the type of disposition of the dispute, if known, including withdrawal, abandonment, settlement, award after hearing, award without hearing, default, or dismissal without hearing;

(8) the amount of the claim, the amount of the award, and any other relief granted, if any; and

(9) the name of the arbitrator, the total fee for the case, and the percentage of the arbitrator's fee allocated to each party.

b. If the information required by subsection a. of this section is provided by the arbitration organization in a computer-searchable format through the company's Internet website and may be downloaded without any fee, the company may charge the actual cost of copying to any person who requests the information on paper. If the information required by subsection a. of this section is not accessible through the Internet, the company shall provide that information without charge to any person who requests the information on paper.

c. An arbitration organization shall not be liable for collecting, publishing, or distributing the information required by this section.

N.J.S. § 2A:23B-36

Added by L. 2019, c. 493,s. 4, eff. 5/1/2020.