Georgia Commons36-91-72. Action on performance bond.
The only printed version. 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.