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Act 213 of 1963
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CONTRACTOR'S BOND FOR PUBLIC BUILDINGS OR WORKS

Act 213 of 1963

AN ACT to provide a procedure for bonding contractors for public buildings and public works of governmental units; and to repeal certain acts and parts of acts.


History: 1963, Act 213, Eff. Sept. 6, 1963


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 129.201SectionBonds of principal contractor on public building, work, or improvement; irrevocable letter of credit.
Section 129.202SectionPerformance bond; amount; condition; purpose.
Section 129.203SectionPayment bond; amount; purpose.
Section 129.204SectionBond, surety, obligee.
Section 129.205SectionFiling of bond.
Section 129.206SectionPublic works, contractor's bond; definitions.
Section 129.207SectionEnforcement of claims; notice of supplier to principal contractor or governmental unit; payment to subcontractor.
Section 129.208SectionCopies of bonds and contracts; fees.
Section 129.209SectionVenue; statute of limitations.
Section 129.210SectionApplication of statute.
Section 129.211SectionRepeal; restriction on other statute.
Section 129.212SectionAct inapplicable to contracts awarded under MCL 280.1 to 280.630.