Ind. Code § 14-26-8-40
Contractor's bond; aggregate liability of surety
As added by P.L.1-1995, SEC.19.
The aggregate liability of the surety on a bond for all liabilities may not exceed the penalty of the bond.
[Pre-1995 Recodification Citation: 13-2-18-15 part.]
As added by P.L.1-1995, SEC.19.