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MS SB2622

Bill

Status

Passed

4/11/2014

Primary Sponsor

Briggs Hopson

Click for details

Origin

Senate

2014 Regular Session

AI Summary

Senate Bill 2622 Summary

  • Creates comprehensive contractor lien framework allowing contractors, subcontractors, materialmen, and design professionals to file liens on real property for unpaid labor, services, or materials within 90 days of last work performed.

  • Requires lien claimants to file payment actions within 180 days of filing the lien claim or the lien becomes void and unenforceable; liens must include expiration notice in at least 12-point bold font.

  • Establishes special protections for residential homeowners including 10-day pre-lien notice requirement for non-privity claimants and absolute defense for payments made to contractors before receiving notice of lien.

  • Allows property owners or contractors to shorten the 180-day payment action period by filing a notice of contest, which reduces the deadline to 60 days and must be served on the lien claimant within 7 days.

  • Permits liens to be discharged by filing a bond equal to 110% of the claimed amount with the chancery clerk, and establishes penalties of three times the claimed amount for false or wrongful liens filed without just cause.

Legislative Description

Contractor's liens; revise stop notice law.

Last Action

Approved by Governor

4/11/2014

Committee Referrals

Judiciary A2/18/2014
Judiciary, Division A1/20/2014

Full Bill Text

No bill text available