Performance Bonds For Public Improvement Contracts

  1. Law
  2. South Dakota Codified Laws
  3. Public Property, Purchases and Contracts
  4. Performance Bonds For Public Improvement Contracts

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Section
5-21-1

Surety bond required--Obligation of prompt payment of laborers and materialmen.

Section
5-21-1.1

Waiver of performance security requirement on contracts under certain amount.

Section
5-21-1.2

Repealed.

Section
5-21-1.3

Waiver of performance security requirement for emergency procurement.

Section
5-21-2

Public corporation's civil liability for failure to require bond for protection of laborers and materialmen.

Section
5-21-3

Surety bond to cover use tax liability--Amount of liability.

Section
5-21-4

Notice of surety bond to secretary of revenue--Termination of surety's liability for use and excise tax.

Section
5-21-5

Laborers' and materialmen's right to intervene in action against public contractor--Pro rata distribution if surety's liability insufficient.

Section
5-21-6

Action by laborer or materialman on public contractor's bond--Limitation of action--Intervention by other claimants--Costs.

Section
5-21-7

Pro rata distribution among claimants if bond insufficient--Surety relieved from liability by payment into court.

Section
5-21-8

Personal and public notice to creditors of action on public contractor's bond.