Iowa Code 309.58 – Action on bond — limitation
Current as of: 2024 | Check for updates
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Terms Used In Iowa Code 309.58
- Contract: A legal written agreement that becomes binding when signed.
- year: means twelve consecutive months. See Iowa Code 4.1
No provision in a contract shall be valid which seeks to limit the time to less than five years in which an action may be brought upon the bond covering concrete work nor to less than one year upon the bond covering other work.