CHAPTER 582

SURETY BOND GUARANTEE PROGRAM
FOR SMALL CONTRACTORS

Table of Contents

Secs. 32-48 to 32-55. Surety bond guarantee program for small contractors.

Secs. 32-55a to 32-55i. Definitions. Guarantee of surety; eligibility. Limits of guarantee. Subordination of working capital loans. Commissioner authorized to enter into agreements with insured parties and financial institutions re guarantee fund. Fees. Small Contractors’ Surety Bond Guarantee Fund. Bond authorization. Regulations.


Secs. 32-48 to 32-55. Surety bond guarantee program for small contractors. Sections 32-48 to 32-55, inclusive, are repealed.

(P.A. 79-611, S. 1–8; P.A. 80-483, S. 100–102, 186; P.A. 82-44, S. 2, 3; 82-358, S. 6, 10; P.A. 83-459, S. 1–4; P.A. 86-107, S. 10, 19; P.A. 88-265, S. 35, 36.)

Secs. 32-55a to 32-55i. Definitions. Guarantee of surety; eligibility. Limits of guarantee. Subordination of working capital loans. Commissioner authorized to enter into agreements with insured parties and financial institutions re guarantee fund. Fees. Small Contractors’ Surety Bond Guarantee Fund. Bond authorization. Regulations. Sections 32-55a to 32-55i, inclusive, are repealed, effective July 1, 1993.

(P.A. 92-236, S. 32–39, 45, 48; P.A. 93-382, S. 67, 69; 93-435, S. 11, 95.)