Section 10.48 Actions

• Library: Construction Law 2016 Supp

E. (§10.48) Actions

An action on either a statutory bond or a private bond may be brought at any time within the period allowed by the general statutes of limitations covering contract claims. The decisions of Missouri courts have created some confusion as to whether this is the five-year period under § 516.120, RSMo 2000, which governs “[a]ll actions upon contracts, obligations or liabilities, express or implied, except those mentioned in section 516.110” or under § 516.110, RSMo 2000, which provides that...