38-1-21.   Advance payments -- Effect on subcontractor's lien.
     No payment made prior to the time when the same is due under the terms and conditions of the contract shall be valid for the purpose of defeating, diminishing or discharging any lien in favor of any person except the contractor; but as to any such lien such payment shall be deemed as if not made, notwithstanding that the contractor to whom it was paid may thereafter abandon his contract or be or become indebted to the owner for damages for nonperformance of his contract or otherwise.

No Change Since 1953
Download Code Section Zipped WordPerfect 38_01_002100.ZIP 1,764 Bytes


Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page

Last revised: Wednesday, July 23, 2008