Ind. Code § 14-26-8-40

Current through P.L. 171-2024

Section 14-26-8-40 - Contractor's bond; aggregate liability of surety

The aggregate liability of the surety on a bond for all liabilities may not exceed the penalty of the bond.

IC 14-26-8-40

Pre-1995 Recodification Citation: 13-2-18-15 part.

As added by P.L. 1-1995, SEC.19.