There is a newer version of the Georgia Code
2010 Georgia Code
TITLE 13 - CONTRACTS
CHAPTER 10 - CONTRACTS FOR PUBLIC WORKS
ARTICLE 1 - GENERAL PROVISIONS
PART 2 - BID BONDS
§ 13-10-24 - Maintenance of action on bid bond by obligee
O.C.G.A. 13-10-24 (2010)13-10-24. Maintenance of action on bid bond by obligee
The obligee in any bid bond required to be given in accordance with this article shall be entitled to maintain an action thereon at any time upon any breach of such bond; provided, however, that no action may be instituted on the bonds or security deposits after one year from the completion of the contract and the acceptance of the public work by the state.
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