--- title: O.C.G.A. § 13-10-41. Alternatives to performance bond. collection: code id: 13-10-41 cite_as: O.C.G.A. § 13-10-41 (2025) canonical_url: https://georgiacommons.org/code/13-10-41 md_url: https://georgiacommons.org/code/13-10-41.md text_url: https://georgiacommons.org/code/13-10-41/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t13-(v11)-2010-pdf.pdf?sfvrsn=e4dbdcfd_0#page=611 date: 2025 status: active corpus_version: 2025-supplement-89aa39ab3c68 license: CC0-1.0 publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice. up: https://georgiacommons.org/code/13-10.md previous: https://georgiacommons.org/code/13-10-40.md next: https://georgiacommons.org/code/13-10-42.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: CONTRACTS / CONTRACTS FOR PUBLIC WORKS / GENERAL PROVISIONS / Performance Bonds --- # O.C.G.A. § 13-10-41. Alternatives to performance bond. 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. ## History Code 1981, § 13-10-41, enacted by Ga. L. 2001, p. 820, § 1.