2018 Arkansas Code
Title 22 - Public Property
Chapter 9 - Public Works
Subchapter 4 - Contractors' Bonds
§ 22-9-405. Prohibition on directed suretyship

Universal Citation: AR Code § 22-9-405 (2018)
  • (a) It is unlawful for any contracting body referenced in § 22-9-401 or any person acting on behalf of such contracting body to require a bidder or contractor to obtain or procure any surety bond from any particular insurance company or surety company, agent, or broker or to include surety bonds in an owner-controlled insurance program.

  • (b) Any person who violates the provisions of this section is guilty of a Class A misdemeanor.

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