District of Columbia Statutes
§ 28-2502 — Action on bonds in a penal sum containing an avoidance condition.
District of Columbia § 28-2502
JurisdictionDistrict of Columbia
Title 28Commercial Instruments and Transactions. [Enacted title]
Ch. 25Bonds and Undertakings.
This text of District of Columbia § 28-2502 (Action on bonds in a penal sum containing an avoidance condition.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 28-2502 (2026).
Text
A bond in a penal sum, containing a condition that it shall be void on the payment of a certain sum of money, or the performance of an act or of certain duties, has the same effect for the purpose of maintaining an action upon it as if it contained a covenant to pay the money or perform the act or the duties specified in the condition. But the damages to be recovered for a breach, or successive breaches, of the condition, as against the sureties therein, may not exceed the penalty of the bond.
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Legislative History
Aug. 30, 1964, 78 Stat. 670, Pub. L. 88-509, § 1
Nearby Sections
15
§ 28-2101
Form of assignment.§ 28-2103
Assignee.§ 28-2104
Bond of assignee.§ 28-2106
Duties of assignee.§ 28-2107
Preferences prohibited.§ 28-2110
Notice to creditors.§ 28-2302
Assignment of bond or obligation.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 28-2502, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/28-2502.