Sec. 3. The payment bond shall be in an amount fixed by the governmental unit but not less than 25% of the contract amount solely for the protection of claimants, as defined in section 6, supplying labor or materials to the principal contractor or his subcontractors in the prosecution of the work provided for in the contract.
Mich. Comp. Laws § 129.203
Payment bond; amount; purpose
Applied in 13 court decisions — leading case Kammer Asphalt Paving Co. v. East China Township Schools (1993)
Most recently applied in Wyandotte Electric Supply Co. v. Electrical Technology Systems, Inc. (May 2016)
1963, Act 213, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.