1999 Minnesota Code
Chapters 570 - 583 Compensatory and Collection Remedies
Chapter 574 Bonds, Fines, Forfeitures
Section 574.09 Additional security.
574.09 Additional security.
When, in its judgment, other or further security is required, the state or such other corporation or department may require the contractor to furnish other or further security of the same nature within ten days, and thereupon if so ordered, the work on such contract shall cease until such other or further security is furnished. If such other or further security is not furnished within such time, the pledgee may at its option terminate the contract and complete the same as the agent and at the expense of such contractor.
HIST: (9683) 1919 c 346 s 5
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