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.
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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