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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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STATE FINANCE AND PROCUREMENT |
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DIVISION II. GENERAL PROCUREMENT LAW |
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TITLE 17. SPECIAL PROVISIONS -- STATE AND LOCAL SUBDIVISIONS |
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SUBTITLE 1. SECURITY FOR CONSTRUCTION CONTRACTS |
§ 17-109. Venue; limitations; costs
Latest version.
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(a) Venue. -- An action on a payment bond required by this subtitle shall be filed in the appropriate court of the county where:
(1) the contract was executed and performed; or
(2) the contractor has its principal place of business.
(b) Limitations period. -- An action on a payment bond required by this subtitle shall be filed within 1 year after the public body finally accepts the work performed under the contract.
(c) Costs. -- An obligee named in a bond or a trustee for any other security is not liable for any costs in connection with an action on a payment bond required by this subtitle.