SB 0324 | Construction Indemnification Agreements |
Sponsor: | Clay | |||
LR Number: | L0819.01I | Fiscal Note: | 0819-01 | |
Committee: | Labor and Industrial Relations | |||
Last Action: | 02/11/97 - Hearing Conducted S Labor & Industrial Relations Com. | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 1997 | |||
SB 324 - This act voids construction indemnification
agreements, which hold someone harmless for damages resulting
from negligence, omissions or wrongdoing, as against public
policy and holds such agreements unenforceable, except for
agreements of the indemnitor to hold another harmless for the
indemnitor's own acts or the acts of the indemnitor's
subcontractors. The act does not apply to construction bonds,
insurance contracts or contractual provisions requiring one party
to name another as an insured. Only agreements entered into
after August 27, 1997, would be affected.
JOAN GUMMELS