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CHAPTER 5-21

PERFORMANCE BONDS FOR PUBLIC IMPROVEMENT CONTRACTS

5-21-1      Surety bond required--Obligation of prompt payment of laborers and materialmen.
5-21-1.1      Waiver of performance security requirement on contracts under certain amount.
5-21-1.2      Repealed.
5-21-1.3      Waiver of performance security requirement for emergency procurement.
5-21-2      Public corporation's civil liability for failure to require bond for protection of laborers and materialmen.
5-21-3      Surety bond to cover use tax liability--Amount of liability.
5-21-4      Notice of surety bond to secretary of revenue--Termination of surety's liability for use and excise tax.
5-21-5      Laborers' and materialmen's right to intervene in action against public contractor--Pro rata distribution if surety's liability insufficient.
5-21-6      Action by laborer or materialman on public contractor's bond--Limitation of action--Intervention by other claimants--Costs.
5-21-7      Pro rata distribution among claimants if bond insufficient--Surety relieved from liability by payment into court.
5-21-8      Personal and public notice to creditors of action on public contractor's bond.


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