Bảo hiểm & Quyền cầm giữCâu 1526 / 1605
On a private project financed by a construction lender, a subcontractor who fails to serve the preliminary notice on the LENDER primarily loses the ability to:
a.Reach the construction loan funds via a stop payment notice against the lender
b.Collect workers' compensation
c.Record any lien at all
d.Sue the subcontractor's own customer
Giải thích
Serving the construction lender preserves the ability to use a bonded stop payment notice to reach undisbursed loan funds. Failing to notify the lender undercuts that fund-based remedy, though other remedies against the owner's property may remain if the owner was properly noticed.
Trích dẫn luật: Civ. Code §8410Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under the mechanics lien law, a 'direct contractor' is best defined as a contractor who:
- A general liability policy written on a 'claims-made' basis (as opposed to 'occurrence') generally covers a claim only if:
- An 'occurrence-based' CGL policy responds to a claim based on:
- 'Subrogation' in insurance refers to:
- A 'waiver of subrogation' clause between an owner and contractor generally means:
- A contractor who records a mechanics lien for an amount it knows is willfully overstated risks:
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)