O.C.G.A.

O.C.G.A. § 48-13-34 (2019)

Release of bonds; completion of contract and certification from Commissioner of Labor; automatic release

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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No bond required under this article shall be released until the contract for which the bond is given has been fully performed and until the commissioner obtains a written release from the Commissioner of Labor certifying that all contributions and interest due from the principal on the bond under Chapter 8 of Title 34 have been paid in full. Bonds shall be released automatically two years after written notifica172

SPECIFIC, BUSINESS, & OCCUPATION TAXES tion of the completion of the contract is received by the commissioner unless a court proceeding has been instituted against the contractor.

History

Ga. L. 1961, p. 480, § 7; Ga. L. 1972, p. 492, § 2; Code 1933, § 91A-6108, enacted by Ga. L. 1978, p. 309, § 2; Ga. L. 1985, p. 708, § 19.

Annotations

Code Commission notes. Pursuant to Code Section 28-9-5, in

1985, “Commissioner of Labor” was substituted for “Commissioner of the Department of Labor” in the first sentence.

RESEARCH REFERENCES C.J.S. 11 C.J.S., Bonds, § 55 et seq.

Notes of Decisions

Cited in 1 case, 1999–1999 · leading case: Transp. Ins. v. El Chico Restaurants, Inc., 524 S.E.2d 486 (Ga. 1999).

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Transp. Ins. v. El Chico Restaurants, Inc., 524 S.E.2d 486 (Ga. 1999). · cites it 4× “" (Emphasis supplied.) Id. Furthermore, nonresident contractors are expressly required to register "before beginning the performance of any contract" to avoid being denied the right to perform the contract, OCGA § 48-13-34, and OCGA § 48-13-37 merely provides that the failure to…”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.