Wyoming § 16-6-113 Contractor's performance and payment bond or
other guarantee; right of action; notice to obligee;
intervention by interested parties; pro rata distribution

Wyoming Statutes

§ 16-6-113 — Contractor's performance and payment bond or other guarantee; right of action; notice to obligee; intervention by interested parties; pro rata distribution

Wyoming·Title 16 City, County, State and Local Powers·Ch. 6 PUBLIC PROPERTY·Art. 1 PUBLIC WORKS AND CONTRACTS

Any person entitled to the protection of a bond or other form of
guarantee approved by a public entity under W.S. 16-6-112 may
maintain an action for the amount due him. He shall notify the
obligee named in the bond or other guarantee of the beginning of
the action, giving the names of the parties, describing the
guarantee and stating the amount and nature of his claim. No
judgment shall be entered in the action within thirty (30) days
after the giving of the notice. The obligee or any person having
a cause of action may on his motion, be admitted as a party to
the action. The court shall determine the rights of all parties
to the action. If the amount realized on the bond or other
guarantee is insufficient to discharge all claims in full, the
amount shall be distributed among the parties 

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Any person entitled to the protection of a bond or other form of
guarantee approved by a public entity under W.S. 16-6-112 may
maintain an action for the amount due him. He shall notify the
obligee named in the bond or other guarantee of the beginning of
the action, giving the names of the parties, describing the
guarantee and stating the amount and nature of his claim. No
judgment shall be entered in the action within thirty (30) days
after the giving of the notice. The obligee or any person having
a cause of action may on his motion, be admitted as a party to
the action. The court shall determine the rights of all parties
to the action. If the amount realized on the bond or other
guarantee is insufficient to discharge all claims in full, the
amount shall be distributed among the parties pro rata.

Wyoming § 16-6-113 (Contractor's performance and payment bond or other guarantee; right of action; notice to obligee; intervention by interested parties; pro rata distribution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.