2008 Minnesota Statutes

326B.865 SIGN CONTRACTOR; BOND.

(a) A sign contractor may post a compliance bond with the commissioner, conditioned that the sign contractor shall faithfully perform duties and comply with laws, ordinances, rules, and contracts entered into for the installation of signs. The bond must be renewed annually and maintained for so long as determined by the commissioner. The aggregate liability of the surety on the bond to any and all persons, regardless of the number of claims made against the bond, may not exceed the annual amount of the bond. The bond may be canceled as to future liability by the surety upon 30 days' written notice mailed to the commissioner by United States mail.

(b) The amount of the bond shall be $8,000. The bond may be drawn upon only by a local unit of government that requires sign contractors to post a compliance bond. The bond is in lieu of any compliance bond required by a local unit of government.

(c) For purposes of this section, "sign" means a device, structure, fixture, or placard using graphics, symbols, or written copy that is erected on the premises of an establishment including the name of the establishment or identifying the merchandise, services, activities, or entertainment available on the premises.

History:

1997 c 222 s 44; 2007 c 140 art 8 s 1,30; 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.