Sec. 2253.078. STATUTE OF LIMITATIONS. (a) A suit on a performance bond may not be brought after the first anniversary of the date of final completion, abandonment, or termination of the public work contract.
(b) A suit on a payment bond may not be brought by a payment bond beneficiary after the first anniversary of the date notice for a claim is mailed under this chapter.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2253 - Public Work Performance and Payment Bonds
Subchapter D. Claims on Bonds; Enforcement
Section 2253.071. Termination or Abandonment of Contract; Proceeds of Contract
Section 2253.072. State Not Liable for Costs
Section 2253.073. Suit on Payment Bond
Section 2253.074. Costs and Attorney Fees
Section 2253.075. Assignment of Claim
Section 2253.076. Limitations on Certain Claims; Maximum Retainage
Section 2253.078. Statute of Limitations
Section 2253.079. Criminal Offense for False and Fraudulent Claim