Article Date: 06/07/2009


SURETY THAT BONDED PRIME AND SUB NOT ALLOWED TO ALLOCATE CLAIM


First National Insurance Co. v. Cam Painting, Inc.

No. B-200830
May 15, 2009



Overview

A California court has ruled that when a surety separately bonded a prime contractor and a subcontractor, the surety could not allocate a supplier's payment claim between the two bonds. The subcontractor alone owed the supplier money and the prime contractor was the obligee on the ... Log in to view the full text.

 



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