Sec. 7. All suits must be brought against a surety on a bond required by this chapter within one (1) year after the completion of the work or service in question.
Formerly: Acts 1972, P.L.44, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Chapter 5.5. Retainage, Bonds, and Payment of Contractors and Subcontractors
5-16-5.5-0.1. Application of Certain Amendments to Chapter
5-16-5.5-2. Contracts Governed by This Chapter
5-16-5.5-3. Retainage; Escrow Agreement
5-16-5.5-3.1. Escrow Accounts; Establishment and Maintenance; Fee; Schedule
5-16-5.5-3.5. Retainage; Options to Determine Amount
5-16-5.5-5. Payment of Subcontractor; Certification of Receipt
5-16-5.5-6. Payment of Contractor; Uncompleted Minor Items