City of Santa Fe v. Travelers Casualty & Surety Co.
New Mexico Supreme Court
1Opinion of the Court
OPINION
CHÁVEZ, Chief Justice.
{1} The City of Santa Fe contracted with Lone Mountain Contracting, Inc., to repair a water tank. The contract did not contain a time-to-sue provision, and therefore the six-year statute of limitations applied to the contract. See NMSA 1978, § 37-1-3 (1880, as amended through 1975). To comply with Section 13-4-18(A)(l) of the Little Miller Act, NMSA 1978, §§ 13^-18 to -20 (1923, as amended through 1987), Lone Mountain obtained a performance bond from Travelers Casualty and Surety Company. The bond contained a two-year time-to-sue provision. Santa Fe declared Lone…
2Cases cited14 opinions
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- United Wholesale Liquor Co. v. Brown-Forman Distillers Corp.New Mexico Supreme Court · 1989
- Colorado Structures, Inc. v. Insurance Co. of the WestWashington Supreme Court · 2007
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