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MS HB763
Bill
Status
Failed
3/10/2010
Primary Sponsor
Brandon Jones
Click for details
AI Summary
- Amends five sections of Mississippi's lien laws (Sections 85-7-131, 85-7-135, 85-7-181, 85-7-185, and 85-7-189) to explicitly include rental and lease equipment and their suppliers alongside existing references to labor, materials, and materialmen
- Grants rental and lease equipment suppliers the same lien rights on buildings, structures, and other property that laborers, materialmen, architects, engineers, surveyors, and contractors already hold under existing law
- Allows rental or lease equipment suppliers who are unpaid by a contractor or master workman to provide written notice to the property owner and claim the same protections and remedies available to subcontractors, journeymen, laborers, and materialmen
- Requires that performance and payment bonds entered into by contractors or subcontractors cover prompt payment to persons furnishing rental or lease equipment, in addition to those furnishing labor or materials
- Effective date of July 1, 2010
Legislative Description
Lien laws; include rental and lease equipment dealers.
Last Action
Died On Calendar
3/10/2010
Full Bill Text
No bill text available