§ 44A-28. Actions on payment bonds; venue and limitations. - North Carolina Statutes

§44A‑28.  Actions on payment bonds; venue and limitations.

(a)        Every action on apayment bond as provided in G.S. 44A‑ 27 shall be brought in a court ofappropriate jurisdiction in a county where the construction contract or anypart thereof is to be or has been performed.

(b)        No action on apayment bond shall be commenced after the expiration of the longer period ofone year from the day on which the  last of the labor was performed or materialwas furnished by the claimant, or one year from the day on which finalsettlement was made with the contractor. (1973, c. 1194, s. 1.)