Official Code of Georgia Annotated

Title 36. LOCAL GOVERNMENT · Chapter 91. PUBLIC WORKS BIDDING · Article 3. BONDS · Part 3. PERFORMANCE BONDS

36-91-72. Action on performance bond.

Active

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

The obligee in any performance bond required to be given in accordance with this article shall be entitled to maintain an action thereon at any time upon any breach of such bond; provided, however, no action can be instituted on the bonds or security deposits after one year from the completion of the contract and the acceptance of the public work by the governmental entity.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 36-91-52, enacted by Ga. L. 2000, p. 498, § 1; Code 1981, § 36-91-72, as redesignated by Ga. L. 2001, p. 820, § 12.

Ga. L. 2001, p. 820, § 12, effective July 1, 2001, redesignated former Code Section 36-91-72 as present Code Section 36-91-92.

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Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

Text read from t36-ch60-92-(v27a)-2025-pdf.pdf, Volume V27A, 2025 edition, page 645; merge action: bound only; file SHA-256 5150ee8c60f7.