South Carolina Statutes
§ 11-35-5310 — Surety bonds; public entity may not designate surety company.
If the State, or county, city, public service district, or other political subdivision of the State, or agency, department, institution, or other public entity of the State, enters into a procurement contract and requires the bidder to provide a surety bond to secure the bid or the performance or payment of the contract, the state political subdivision of the State, or public entity of the State may not exact that the surety bond be furnished by a particular surety company or through a particular agent or broker.
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South Carolina § 11-35-5310 (Surety bonds; public entity may not designate surety company.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2002 Act No. 253, SECTION 1. Formerly Code 1976 SECTION 11-35-35, recodified by 2019 Act No. 41, SECTION 79, eff May 13, 2019.
Nearby Sections
15
§ 11-35-10
Citation.§ 11-35-1010
Relationship with using agencies.§ 11-35-1020
Advisory groups.§ 11-35-1030
Procurement training and certification.§ 11-35-1210
Certification.§ 11-35-1230
Auditing and fiscal reporting.§ 11-35-1240
Administrative penalties.§ 11-35-1250
Authority to contract for auditing services.§ 11-35-1260
Authority to contract for legal services.§ 11-35-1410
Definitions of terms used in this article.§ 11-35-1510
Methods of source selection.§ 11-35-1520
Competitive sealed bidding.§ 11-35-1524
Resident vendor preference.§ 11-35-1525
Competitive fixed price bidding.