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Statute of Limitations JurisdictionBond TailArizona2 years from completion dateCalifornia2 years from completion dateNevada2 years from date offense was committedOregon1 year from completion date, 2 years if completion of new structure1 more row ?
Except as otherwise provided by law, the maximum rate of interest upon the loan or forbearance of money, goods, or things in action, except by written contract is $6 upon $100 for one year, and the rate of interest by written contract is not to exceed $8 upon $100 for one year and at that rate for a greater or less sum ...
Consumers must file surety bond claims with the surety company that wrote the bond within specified time frames. The CSLB does not process claims against surety companies. Surety companies will investigate any claim filed against a bond, and the CSLB will investigate any complaint filed against the license.
Code 1975 §8-29-1 thru 8) addresses payment to contractors, subcontractors and sub-subcontractors on private work in Alabama (?The Private Prompt Pay Act?). The Private Prompt Pay Act broadly applies to contracts with an owner to improve real property or perform construction services for an owner.
Section 8-29-3 - Timely Payments to Contractors and Subcontractors; Noncompliance With Chapter; Percentage of Retainage on Payments. Timely payments to contractors and subcontractors; noncompliance with chapter; percentage of retainage on payments.
1. Statute of Limitations for Breach of Contract. In Alabama, a breach of contract claim is subject to a six year statute of limitations under Ala.
When any person owns or keeps a vicious or dangerous animal of any kind and, as a result of his careless management of the same or his allowing the same to go at liberty, and another person, without fault on his part, is injured thereby, such owner or keeper shall be liable in damages for such injury.
On all private projects within the state of Alabama, no more than 10% can be withheld as retainage. However, once a project reaches 50% completion, no more retainage may be withheld. Upon substantial completion of the project, owners must typically release retainage within 60 days.