North Carolina General Statutes 58-31-66. Public construction contract surety bonds
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(a) Neither the State nor any county, city, or other political subdivision of the State, or any officer, employee, or other person acting on behalf of any such entity shall, with respect to any public building or construction contract, require any contractor, bidder, or proposer to procure a bid bond, payment bond, or performance bond from a particular surety, agent, producer, or broker.
(b) (1) Repealed by Session Laws 2004-203, s. 74(b), effective October 1, 2004.
(2) Repealed by Session Laws 2006-264, s. 7, effective August 27, 2006.
(c) Repealed by Session Laws 2004-203, s. 74(b), effective October 1, 2004. (2003-212, s. 27; 2004-203, s. 74(b); 2006-264, s. 7.)
Terms Used In North Carolina General Statutes 58-31-66
- Contract: A legal written agreement that becomes binding when signed.
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3