38-1a-405. Preconstruction liens on equal footing.
95 words·~1 min read·
/ut/title-38/chapter-1a/38-1a-405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
38-1a-405. Preconstruction liens on equal footing.
(1)Each preconstruction lien on a project property is on equal footing with every other preconstruction lien on the project property, regardless of:
(a)when the claimant submitted the claimant's notice of preconstruction service for recording;
(b)when the claimant submitted the claimant's notice of preconstruction lien for recording; or
(c)when the preconstruction service related to the lien occurs.
(2)Subsection
(1)does not affect the priority of a construction lender's mortgage or trust deed, as established under this chapter.
Enacted by Chapter 464 , 2013 General Session