60-1110. Bond to secure payment of claims. The contractor or owner may execute a bond to the state of Kansas for the use of all persons in whose favor liens might accrue by virtue of this act, conditioned for the payment of all claims which might be the basis of liens in a sum not less than the contract price, or to any person claiming a lien which is disputed by the owner or contractor, conditioned for the payment of such claim in the amount thereof. Any such bond shall have good and sufficient sureties, be approved by a judge of the district court and filed with the clerk of the district court. When bond is approved and filed, no lien for the labor, equipment, material or supplies under contract, or claim described or referred to in the bond shall attach under this act, and if when such bond is filed liens have already been filed, such liens are discharged. Suit may be brought on such bond by any person interested but no such suit shall name as defendant any person who is neither a principal or surety on such bond, nor contractually liable for the payment of the claim.
History: L. 1963, ch. 303, 60-1110; L. 1992, ch. 314, § 12; L. 2005, ch. 95, § 4; July 1.
Structure Kansas Statutes
Article 11 - Liens For Labor And Material
60-1101 Liens of contractors; priority.
60-1102 Filing and recording of lien statement; notice of extension.
60-1103a Subcontractors' liens; improvement of residential property.
60-1103b Subcontractors' liens; new residential property.
60-1105 Limitations and amendment.
60-1108 Action by landowner for adjudication, cancellation.
60-1109 Pro rata distribution.
60-1110 Bond to secure payment of claims.
60-1112 Certificate of deposit authorized for state capital improvement projects.