§ 8-23-9-11 — Actions on performance bonds
This text of Indiana § 8-23-9-11 (Actions on performance bonds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
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
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Indiana § 8-23-9-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-23-9-11.