SB 0401 | Contract not to indemnify gen. contractor for own negligence |
Sponsor: | HOUSE | ||
Committee: | CORR | LR Number: | S1382.01I |
Last Action: | 02/27/95 - Hearing Conducted S Corrections & General Laws Committee | ||
Title: | |||
Effective Date: | August 28, 1995 | ||
SB 401 - This act regulates agreements limiting a general contractor's liability, used by a general contractor as a condition of a subcontractor's receiving a contract on a project.
This act makes it clear that any agreement, which is a condition precedent to the letting of a contract, that would indemnify a general contractor for liability arising from the general contractor's own negligence is void and unenforceable.
This limitation shall not apply to insurance contracts or
construction bonds.
TOM MORTON