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326.992 BOND REQUIRED FOR CERTAIN CONTRACTORS.
(a) A person contracting to do gas, heating, ventilation, cooling, air conditioning, fuel
burning, or refrigeration work must give bond to the state in the amount of $25,000 for all work
entered into within the state. The bond must be for the benefit of persons suffering financial loss
by reason of the contractor's failure to comply with the requirements of the State Mechanical
Code. A bond given to the state must be filed with the commissioner of administration and is in
lieu of all other bonds to any political subdivision required for work covered by this section. The
bond must be written by a corporate surety licensed to do business in the state.
(b) The commissioner of administration may charge each person giving bond under this
section an annual bond filing fee of $15. The money must be deposited in a special revenue fund
and is appropriated to the commissioner to cover the cost of administering the bond program.
History: 1Sp2003 c 1 art 2 s 83

Official Publication of the State of Minnesota
Revisor of Statutes