Minnesota § 374.14 - CERTIFIED CHECKS WITH ALL BIDS

Full text of Minnesota Minnesota Statutes § 374.14 — CERTIFIED CHECKS WITH ALL BIDS, with citation guidance and answers to common questions.

§ 374.14. CERTIFIED CHECKS WITH ALL BIDS

Each person submitting bids or proposals under section 374.13 shall file with the bid or proposal a certified check in an amount prescribed in the specifications of the commission for the building, to be retained as liquidated damages and divided equally between the city and county in case of failure to enter into a contract if it is awarded.

All contracts shall be in writing and made in the name of the county and city and shall be executed in their behalf by the officers empowered by law or charter to execute the contracts. All persons awarded building contracts shall furnish bonds as required by state law relating to contracts for public improvements. The bonds shall run to the county and city.

History:

(643-14) 1929 c 397 s 14; 1985 c 109 s 4

Official Publication of the State of Minnesota
Revisor of Statutes

Related Minnesota Legal Topics

Frequently Asked Questions About Minnesota § 374.14

What does Minnesota Statutes § 374.14 cover?

Section 374.14 ("CERTIFIED CHECKS WITH ALL BIDS") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 374.14?

A common citation format is "Minnesota Statutes § 374.14" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 374.14 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.