2005-2006 Regular Session - HB 1538
Construction contracts; insurance coverage; provisions
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.
Mar/08/2006 - House Second Readers
Mar/06/2006 - House First Readers
Mar/02/2006 - House Hopper