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574.09 ADDITIONAL SECURITY.
When, in its judgment, other or further security is required, the state or such other corporation
or department may require the contractor to furnish other or further security of the same nature
within ten days, and thereupon if so ordered, the work on such contract shall cease until such
other or further security is furnished. If such other or further security is not furnished within such
time, the pledgee may at its option terminate the contract and complete the same as the agent and
at the expense of such contractor.
History: (9683) 1919 c 346 s 5