Requirement that bonds be furnished by particular surety company or through particular agent or broker unlawful; penalty.
-
Law
-
Nevada Revised Statutes
-
Contractors’ Bonds on Public Works
- Requirement that bonds be furnished by particular surety company or through particular agent or broker unlawful; penalty.
1. It is unlawful for any representative of a contracting body, in issuing an invitation for bids, to require that any bond specified in NRS 339.025 be furnished by a particular surety company or through a particular agent or broker.
2. Any person who violates the provisions of this section is guilty of a misdemeanor.
(Added to NRS by 1963, 166)
Download our app to see the most-to-date content.