§ 21-64. Action on performance bond.  


Latest version.
  • No action against the surety on a performance bond given pursuant to this article shall be brought unless within one year after:

    (1)

    Completion of the contract, including the expiration of all warranties and guaranties; or

    (2)

    Discovery of the defect or breach of warranty, if the action is for such.

    (Code 1993, § 22.1-58; Code 2004, § 74-68)

    State Law reference— Similar provisions, Code of Virginia, § 2.2-4340.

(Code 1993, § 22.1-58; Code 2004, § 74-68)

State law reference

Similar provisions, Code of Virginia, § 2.2-4340.