Georgia Code
Article 2 - Relative Rights of Creditor and Surety
§ 10-7-30. Bad Faith Refusal of Corporate Surety to Perform Suretyship Contract

History. Ga. L. 1973, p. 825, § 1; Ga. L. 1980, p. 1159, § 1; Ga. L. 1982, p. 3, § 10.
Editor’s notes.
In Houston Gen. Ins. Co. v. Brock Constr. Co., 241 Ga. 460 , 246 S.E.2d 316 (1978), it was held that this chapter, with the exception of this section, was not intended to govern compensated sureties. However, Ga. L. 1981, p. 870, § 1, amends O.C.G.A. § 10-7-1 so as to abolish the distinction between contracts of suretyship and guaranty. Balboa Ins. Co. v. A.J. Kellos Constr. Co., 247 Ga. 393 , 276 S.E.2d 599 (1981). See the Editor’s note to O.C.G.A. § 10-7-1 .
Law reviews.
For article, “A Georgia Practitioner’s Guide to Construction Performance Bond Claims,” see 60 Mercer L. Rev. 509 (2010).

Structure Georgia Code