Bill Summary for H 1052 (2011-2012)

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Summary date: 

Jun 26 2012

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 1052 (Public) Filed Tuesday, May 22, 2012
TO MAKE VARIOUS AMENDMENTS TO NORTH CAROLINA'S MECHANICS LIEN, TAX LIEN, AND PAYMENT BOND LAWS.
Intro. by Stevens.

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Bill summary

Senate committee substitute makes the following changes to 3rd edition.
Deletes proposed amendments to GS 44A-12 that would have added requirements pertaining to lien waiver forms. Amends GS 44A-20(d) to clarify that a lien waiver signed by the contractor before the commencement of an action to enforce a perfected claim of lien on real property under GS 44A-23 waives the subcontractor’s right to enforce the contractor’s claim of lien on real property but does not affect the subcontractor’s right to a claim of liens on funds or the subcontractor’s right to a claim of lien on real property allowed under the subsection (previously, provided that a lien waiver signed by the contractor before the claim of lien on real property is filed waived the subcontractor’s right to a claim of lien on real property but did not affect the subcontractor’s rights to a claim of liens on funds).
Makes technical and conforming changes. Makes a conforming change to the title.