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MO SB1013
Bill
AI Summary
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Voids indemnification and hold harmless clauses in public or private construction contracts when they require a party to indemnify another party against liability caused by that other party's own negligence or wrongdoing.
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Permits indemnification agreements covering a party's own negligence, its subcontractors, suppliers, officers, employees, and agents, as well as agreements requiring purchase of project-specific insurance policies.
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Exempts certain contracts from indemnity restrictions, including agreements between government agencies, contracts with governmental entities for public property use, construction bonds, and railroads regulated by the Federal Railroad Administration.
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Requires construction work contracts with substantial Missouri performance to be subject to Missouri law, with all litigation and dispute resolution conducted in Missouri.
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Applies the law to contracts entered into after August 28, 2010, and voids any contract provisions conflicting with these requirements.
Legislative Description
Modifies the law that limits indemnity agreements in construction work contracts
Last Action
Second Read and Referred S Judiciary and Civil and Criminal Jurisprudence Committee
3/4/2010