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MO SB290
Bill
AI Summary
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Voids indemnification, hold harmless, and defense clauses in construction contracts that require a party to cover liability caused by that party's own negligence or wrongdoing or that of their employees, agents, or subcontractors.
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Allows indemnity clauses when a party agrees to cover its own negligence or wrongdoing, or when parties purchase project-specific insurance policies including owner's, contractor's, or builder's risk insurance.
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Exempts contracts between governmental entities, between private parties and governmental entities for public property use, and construction bonds or insurance contracts from the indemnification restrictions.
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Expands the definition of "construction work" to include design, development, reconstruction, renovation, and maintenance of public and private real property, buildings, structures, highways, bridges, pipelines, water/sewer systems, and related services.
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Requires construction contracts with substantial work performed in Missouri to be governed by Missouri law with all disputes conducted in the state, effective for contracts entered into after August 28, 2011.
Legislative Description
Modifies the law that limits indemnity agreements in construction work contracts
Last Action
Second Read and Referred S Small Business, Insurance and Industry Committee
2/17/2011