§ 570.101 Building, repairing, or ornamenting public works; bond of contractor required; exceptions
§ 570.102 Notice by subcontractor, materialman or laborer
§ 570.103 Bond of contractor on public works; execution, sureties, conditions
§ 570.104 Bond of contractor on public works; prosecution, recovery
§ 570.105 Bond of contractor on public works; definitions
contract signature

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Terms Used In Michigan Laws > Chapter 570 > Act 187 of 1905 - Public Buildings and Public Works; Bond of Contractor

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • 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 belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o