38-1a-305. Payments applied first to preconstruction lien.
72 words·~1 min read·
/ut/title-38/chapter-1a/38-1a-305·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
38-1a-305. Payments applied first to preconstruction lien.
Unless an agreement waiving or limiting a right under a preconstruction or construction lien expressly provides that a payment is required to be applied to a specific lien, mortgage, or encumbrance, a payment to a person claiming both a preconstruction lien and a construction lien shall be applied first to the preconstruction lien until paid in full.
Enacted by Chapter 278 , 2012 General Session