"Surety" defined

Ind. Code § 36-1-9.5-17
in effect
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Sec. 17. As used in this chapter, "surety" means a corporate body bound with and for the contractor for the following: (1) The full and complete performance of the contract. (2) The payment of all debts related to the work. As added by P.L.85-1991, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026

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