Lien Law Online eLert for 4/12/2013 - California

April 12, 2013 California's revised lien law expanded protection for contractors working on selected projects with a contract price over $1 million by requiring certain owners to provide payment security of between 15% and 25% of the contract value. This important added protection can be found in Chapter 7 of the California Civil Code, Sections 8700-8730. Please refer to complete changes in the California Chapter. B. Scott Douglass, Esquire (Contributing Author) David K. Ismay, Esquire (Contributing Author) Farella Braun + Martel, LLP