2006 Nebraska Revised Statutes - § 77-3104 — Nonresident contractor; registration; bond; conditions; file.

Section 77-3104
Nonresident contractor; registration; bond; conditions; file.

Every contractor required to register under the provisions of sections 77-3101 to 77-3112 shall, before entering into the performance of any contract or contracts in this state either (1) execute and file with the Tax Commissioner a good and valid bond issued by a surety company authorized to do business in this state, or with sufficient sureties to be approved by the Tax Commissioner, conditioned that all taxes, including contributions under the Employment Security Law, which may accrue to the State of Nebraska and all taxes which may accrue to the political subdivisions thereof on account of the execution and performance of such contract or contracts, will be paid when due, and the execution and filing of such bond shall be a condition precedent to commencing work on any contract in the State of Nebraska, or (2) such other form of assurance of such performance as shall be acceptable to the Tax Commissioner.

Source:

Laws 1969, c. 637, § 4, p. 2548

Cross References:

Employment Security Law,see section 48-601.

~Reissue Revised Statutes of Nebraska