2008 Minnesota Statutes

326B.197 BOND REQUIRED FOR CERTAIN CONTRACTORS.

(a) A person contracting to do gas, heating, ventilation, cooling, air conditioning, fuel burning, or refrigeration work must give bond to the state in the amount of $25,000 for all work entered into within the state. The bond must be for the benefit of persons suffering financial loss by reason of the contractor's failure to comply with the requirements of the State Mechanical Code. A bond given to the state must be filed with the commissioner of labor and industry and is in lieu of all other bonds to any political subdivision required for work covered by this section. The bond must be written by a corporate surety licensed to do business in the state.

(b) The commissioner of labor and industry may charge each person giving bond under this section an annual bond filing fee of $15.

History:

1Sp2003 c 1 art 2 s 83; 2007 c 135 art 4 s 9; 2007 c 140 art 4 s 28,61; art 13 s 4

NOTE:Laws 2007, chapter 140, article 13, section 4, directs the revisor to renumber provisions relating to construction codes and licensing into this chapter in the 2008 edition of Minnesota Statutes. However, Laws 2007, chapter 140, contains amendments to cross-references based on the intended renumbering that appear in Minnesota Statutes 2007 Supplement. For the derivation of the cross-reference changes, see Laws 2007, chapter 140, articles 3, section 6; 4, section 61; 5, section 32; 6, section 15; 7, section 13; 8, section 30; 9, section 27; and 10, section 11.