There is a newer version of the Mississippi Code
2013 Mississippi Code
Title 83 - INSURANCE
Chapter 58 - NEW HOME WARRANTY ACT
§ 83-58-15 - Damages; arbitration of claims
MS Code § 83-58-15 (2013) What's This?
The damages with respect to a single defect shall not exceed the reasonable cost of repair or replacement necessary to cure the defect, and damages with respect to all defects in the home shall not exceed the original purchase price of the home.
The parties may provide for the arbitration of any claim in dispute. Any arbitration may be binding only to the extent provided by law.
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