Bill Summary for H 1102 (2013-2014)

Summary date: 

May 15 2014

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 1102 (Public) Filed Thursday, May 15, 2014
A BILL TO BE ENTITLED AN ACT TO CLARIFY THE INFORMATION REQUIRED TO BE PROVIDED IN A NOTICE TO LIEN AGENT, AS RECOMMENDED BY THE LRC COMMITTEE ON MECHANICS LIENS AND LEASEHOLD IMPROVEMENTS.
Intro. by Stevens, Arp.

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Bill summary

Amends GS 44A-11.2 (Identification of life agent; notice to lien agent; effect of notice), providing that service of the Notice to Lien Agent does not satisfy the service or filing requirements applicable to a Notice of Subcontract under Part 2, Article 2 of GS Chapter 44A. Provides that a Notice to Lien Agent cannot be combined with or make reference to a Notice of Subcontract or Notice of Claim of Lien upon funds.

Amends GS 44A-11.1 (Lien agent; designation and duties), making clarifying changes.

Makes technical and clarifying changes.

Effective October 1, 2014, applying to Notices to Lien Agent served on or after that date.

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