#96: Payment Bond Sureties and "Pay-if-Paid" Subcontracts
NH Construction Law
DECEMBER 19, 2020
2d 680 (2005), construing West Virginia law, held that it was. citations omitted] By its terms the bond insured the faithful performance of the contract. CNA Surety Corp. , 33, 614 S.E.2d Several precedents can be found on both sides of the argument. Thus the liability of the company as surety is coextensive with that of the principal.”
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