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KS HB2341
Bill
Status
Introduced
2/7/2025
Primary Sponsor
Commerce, Labor and Economic Development
Click for details
AI Summary
- Sureties on contractor's lien bonds must be licensed to do business in Kansas
- Claimants who make a written demand for payment and do not receive payment within 30 days are entitled to attorney fees and court costs if they prevail in subsequent litigation
- District courts must conduct a pretrial hearing within 30 days of the answer filing to determine whether the surety should pay the claimed amount directly to the claimant or into a court-held account
- Amends K.S.A. 60-1110 governing bonds posted by property owners to clear contractor and mechanic's liens
Legislative Description
Requiring that sureties for bonds secured for the purpose of clearing contractors liens against property be licensed to do business in Kansas, providing that district courts award attorney fees and costs to successful claimants that demanded payment by the principal and surety prior to filing suit and did not receive payment and requiring a pretrial hearing in such a suit for the purpose of a preliminary finding by the court of whether the surety should pay the amount of the claim to the claimant or alternatively pay such amount into an account to be held by the court.
Last Action
House Referred to Committee on Insurance
2/7/2025
Committee Referrals
Insurance2/7/2025
Full Bill Text
No bill text available