309.58 - ACTION ON BOND -- LIMITATION. - Iowa Statutes

309.58 ACTION ON BOND -- LIMITATION. No provision in a contract shall be valid which seeks to limit the time to less than five years in which an action may be brought upon the bond covering concrete work nor to less than one year upon the bond covering other work.          Section History: Early Form [S13, § 1527-s18; C24, 27, 31, 35, 39, § 4652; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 309.58]