Georgia Statutes
§ 13-10-41 — Alternatives to performance bond
Georgia § 13-10-41
JurisdictionGeorgia
Title13
This text of Georgia § 13-10-41 (Alternatives to performance bond) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 13-10-41 (2026).
Text
When the amount of the performance bond required under this article does not exceed $300,000.00, the state may, in its sole discretion, accept an irrevocable letter of credit by a bank or savings and loan association, as defined in Code Section 7-1-4 , in the amount of and in lieu of the bond otherwise required under this article.
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Legislative History
Added by 2001 Ga. Laws 261, § 1, eff. 7/1/2001.
Nearby Sections
15
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Bluebook (online)
Georgia § 13-10-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/13-10-41.