Colorado Code
Part 5 - Motor Carriers of Household Goods
§ 40-10.1-507. Binding Arbitration

In the event of a dispute between a mover and a shipper concerning the amount charged for services or concerning lost or damaged goods, the mover shall offer the shipper the opportunity to participate in binding arbitration under the uniform rules for better business bureau binding arbitration or a substantially similar binding arbitration process promulgated by the council of better business bureaus, incorporated, or its successor organization. If the shipper accepts the offer to arbitrate, the mover shall participate in good faith in the arbitration process and shall agree to be bound by the arbitrator's award.
Source: L. 2011: Entire article added, (HB 11-1198), ch. 127, p. 416, § 1, effective August 10.

Structure Colorado Code