All high-volume arbitration service providers shall annually file with the State Corporation Commission a report that contains the following information:
§ 8.01-581.019.Reporting requirements.
Chapter 21. Arbitration and Award · Article 3. Arbitration Fairness Act · Last amended 2026 · Last verified July 16, 2026
In one sentenceHigh-volume arbitration service providers must file an annual report with the State Corporation Commission listing how many Virginia-connected arbitrations they ran that year, describing their arbitrator selection procedures, and, if the provider gathered it, statistics on selection outcomes and party satisfaction.
Full Text of § 8.01-581.019
1. The total number of arbitrations involving Virginia-connected transactions conducted in the preceding calendar year;
2. A description of the arbitration selection procedures utilized; and
3. If collected, statistical data regarding arbitrator selection outcomes and the satisfaction rates of the parties involved.
Plain-English Summary
Transparency for regulators is the point of this short section. Every high-volume arbitration service provider has to file an annual report with the State Corporation Commission, giving the state visibility into a corner of the dispute resolution system that otherwise operates largely out of public view.
The report has to cover three things: how many Virginia-connected arbitrations the provider ran in the preceding calendar year, a description of the arbitrator selection procedures the provider used, and, if the provider has collected it, statistical data on selection outcomes and how satisfied the parties were.
That last piece is conditional rather than mandatory — the article does not require providers to start gathering satisfaction data they were not already collecting, but if the data exists, it has to be reported.
Frequently Asked Questions
Who has to file the annual report under this section?
All high-volume arbitration service providers.
Who receives the annual report?
The State Corporation Commission.
What must the report include?
The total number of arbitrations involving Virginia-connected transactions conducted in the preceding calendar year, a description of the arbitration selection procedures used, and, if collected, statistical data regarding arbitrator selection outcomes and party satisfaction rates.
Must a provider start collecting satisfaction data it does not currently track?
No, the statistical data on selection outcomes and satisfaction rates is reported only “if collected,” meaning the provider is not required to gather data it does not already have.
How often must the report be filed?
Annually.
Amendment History
2026, c. 490.
Source & verification. Section text and amendment history are
reproduced verbatim from the Code of Virginia, published by the
Code of Virginia, Virginia Division of Legislative Automated Systems. Last verified July 16, 2026.
· Official source
Also known as: arbitration provider annual report virginia8.01-581.019 virginia codestate corporation commission arbitration reporting virginiahigh volume arbitration provider reporting requirements virginia