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P0769 A clause contained in a stock brokerage agreement calling for arbitration under the rules of the National Association of Securities Dealers becomes unenforceable if the broker ceases to be a member of the Association.CitationPROVENCIO v WMA SECURITIES (Non-member Arbitration) 125 CA4 1028 [See: CCP 1281.2; United Public Employees v City and County of SF 53 CA4 1021, Alan v Superior Court 111 CA4 217, P/AT 9/03] |
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