Indiana § 8-23-9-11 Actions on performance bonds

Indiana Statutes

§ 8-23-9-11 — Actions on performance bonds

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 9 State Highway Contracts; General Powers

Suit may not be brought against the sureties on a bond until the expiration of sixty (60) days after the furnishing of a statement under section 10 of this chapter. If the indebtedness is not paid in full at the expiration of a period of sixty (60) days, the person, firm, limited liability company, or corporation may bring an action in the person's, firm's, limited liability company's, or corporation's own name upon the bond. The action must be commenced within eighteen

(18)months from the date of the final acceptance of the highway or improvement.

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Suit may not be brought against the sureties
on a bond until the expiration of sixty (60) days after the furnishing of
a statement under section 10 of this chapter. If the indebtedness is not
paid in full at the expiration of a period of sixty (60) days, the person,
firm, limited liability company, or corporation may bring an action in
the person's, firm's, limited liability company's, or corporation's own
name upon the bond. The action must be commenced within eighteen
(18) months from the date of the final acceptance of the highway or
improvement.

Indiana § 8-23-9-11 (Actions on performance bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.