State Codes and Statutes

Statutes > Georgia > Title-32 > Chapter-2 > Article-4 > 32-2-77

O.C.G.A. 32-2-77 (2010)
32-2-77. Liability of treasurer of the department or other appropriate authority and state to contractor or surety

Neither the treasurer of the department or the appropriate authority nor the state shall be liable to the contractor or his surety for the failure of the escrow agent to perform under the escrow agreement, or for the failure of any bank to honor certificates of deposits issued by it which are held in the escrow account.

State Codes and Statutes

Statutes > Georgia > Title-32 > Chapter-2 > Article-4 > 32-2-77

O.C.G.A. 32-2-77 (2010)
32-2-77. Liability of treasurer of the department or other appropriate authority and state to contractor or surety

Neither the treasurer of the department or the appropriate authority nor the state shall be liable to the contractor or his surety for the failure of the escrow agent to perform under the escrow agreement, or for the failure of any bank to honor certificates of deposits issued by it which are held in the escrow account.