HB 1538 - Construction contracts; insurance coverage; provisions

Sponsored By

Committees

Current Status

03/08/06 - House Second Readers

First Reader Summary

A BILL to be entitled an Act to amend Title 13 of the O.C.G.A., relating to contracts, so as to provide for the rejection of construction contracts when certain subcontractors, low tier subcontractors, or materialmen do not provide required insurance coverage; to provide for the definitions of certain terms; to prohibit a general contractor or subcontractor from rejecting work completed, rejecting material supplied, or withholding payment due to lack of conforming insurance following acceptance of a policy or certificate of insurance; to provide certain exceptions; to authorize a general contractor or subcontractor to reject a policy or certificate in writing as nonconforming and withhold payment for work performed or materials supplied; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Status History

Bill History
Date Action
03/06/2006 House First Readers
03/08/2006 House Second Readers

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