#96: Payment Bond Sureties and "Pay-if-Paid" Subcontracts
NH Construction Law
DECEMBER 19, 2020
2002) (“Thus, the liability of a surety and its principal on a Miller Act payment bond is coextensive with the contractual liability of the principal only to the extent that it consistent with the rights and obligations created under the Miller Act.”). Outside of New Hampshire there is a split of authority on the question.
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