Action by insured or beneficiary against surety on contractor's performance bond

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A civil action brought in this state by or in behalf of an insured or beneficiary against a domestic or foreign surety on a contractor's payment or performance bond may be brought in the county:

  1. (1) In which the loss occurred;

  2. (2) Of the insured's residence at the time of loss; or

  3. (3) Of the beneficiary's residence at the time of loss.


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