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2023 Statute
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60-4705. Notice of construction defect to insurer. (a) A contractor who receives a notice of a construction defect pursuant to this act, may present the notice to an insurer who issued a policy of insurance covering all or part of the conduct or business of the contractor or subcontractor. (b) Such notice provided to an insurer: (1) Constitutes the making of a claim under the policy; and (2) requires the contractor, subcontractor and the insurer to perform any obligations or duties required by the policy upon the making of a claim. |
History: L. 2003, ch. 74, § 5; July 1. |
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2024. Powered by KLISS. Rendered: 2024-06-16T04:40:16. Head Rev No: 787010(I)