There Is a Newer Version
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the North Carolina General Statutes
2011 North Carolina General Statutes
Chapter 44A Statutory Liens and Charges.
Article 3 - Model Payment and Performance Bond.
44A-30. Variance of liability; contents of bond.
Universal Citation:
NC Gen Stat § 44A-30
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44A‑30. Variance of liability; contents of bond.
(a) No act of or agreement between a contracting body, a contractor or a surety shall reduce the period of time for giving notice under G.S. 44A‑27(b) or commencing action under G.S. 44A‑28(b) or otherwise reduce or limit the liability of the contractor or surety as prescribed in this Article.
(b) Every bond given by a contractor to a contracting body pursuant to this Article shall be conclusively presumed to have been given in accordance herewith, whether or not such bond be so drawn as to conform to this Article. This Article shall be conclusively presumed to have been written into every bond given pursuant thereto. (1973, c. 1194, s. 1.)
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