§ 29-83. Withdrawal of surety on bond.

Latest version.

On written notice to the director of building inspections and the contractor, any surety on a bond issued pursuant to this article may withdraw from all liability thereon on account of any and all further work undertaken by the contractor for which excavation or construction was not in good faith actually begun on the ground before the delivery of the notice, and after receipt of the notice the contractor shall not begin any new work unless and until the contractor shall provide and procure the approval of a new bond in the same manner as required for the first bond.

(Code 1959, § 35-79; Ord. No. 40639, § 1(19), 4-27-72)

                    
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