Wednesday, July 18, 2012
Lien Law Online eLert for 7/18/2012 - Utah
July 13, 2012 With Utah’s mechanics’ lien statutes having gone through a substantial overhaul in 2011, the amendments in 2012 were minimal, relatively speaking, and mainly cosmetic. One primary change is that the code sections governing mechanics’ liens were renumbered. They were also divided to distinguish between lien laws for private projects and certain lien-based laws (e.g., notices of commencement and preliminary notices) applicable to payment bond claims on government projects. The sections governing private projects are now identified as Utah Code sections 38-1a-102 through 38-1a-804, while those pertaining to government projects are identified as sections 38-1b-102 through 38-1b-203. Another amendment is the addition of Utah Code section 38-1a-309, which codifies the recovery of interest on mechanics’ lien claims at a certain statutory rate (ten percent per year) unless a governing contract requires a different rate. Brian J. Babcock, Esquire Babcock Scott & Babcock P.C.
Posted by lienlawonline at 11:46 AM No comments:
Friday, July 6, 2012
Lien Law Online eLert for 7/5/2012 - California July 5, 2012 The long awaited changes to California's lien statute went into effect July 1. The changes required revisions to all fourteen (14) forms that are contained in the chapter; so make sure you are using up to date forms in the future. Visit www.lienlawonline.com to review the revised text and forms. B. Scott Douglass, Esquire (Contributing Author) David K. Ismay, Esquire (Contributing Author) Farella Braun + Martel, LLP
Posted by lienlawonline at 10:46 AM No comments:
Subscribe to: Posts (Atom)