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10 chapters · 452 sections in this title.
Ark. Code Ann. § 22-9-404 Subcontractor bonds
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(a) (1) If required by the general contractor, each subcontractor must provide the general contractor with a payment and performance bond made by a surety company qualified under § 22-9-401 et seq., or a cash bond in a sum equal to the full amount of the subcontractor's bid on a …
Ark. Code Ann. § 22-9-405 Prohibition on directed suretyship
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(a) It is unlawful for any contracting body referenced in § 22-9-401 or any person acting on behalf of such contracting body to require a bidder or contractor to obtain or procure any surety bond from any particular insurance company or surety company, agent, or broker or to incl…
Ark. Code Ann. § 22-9-501 Substitution of securities for retained payments — Contracts generally
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(a) Under any contract made or awarded by the state or by any public department or official thereof, including the construction, improvement, or repair of any and all ways, roads, or bridges with appurtenances which, by law, are under the supervision of the State of Arkansas or a…
Ark. Code Ann. § 22-9-502 Substitution of securities for retained payments — Highway contracts
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(a) With respect to all contracts made or awarded by the State Highway Commission, including the construction, improvement, or repair of any and all roads and bridges with appurtenances which are, by law, under the supervision of the commission, a contractor may withdraw the whol…