Sections
6 entriesSection 8550Requires a stop-payment-notice enforcement action to begin after 10 days from notice and no later than 90 days after the notice period…Section 8552Allows multiple stop-payment-notice claimants to join one enforcement action and allows the first court acquiring jurisdiction to consolidate separate actions. Requires, on…Section 8554Allows a court, notwithstanding the referenced civil-procedure provision, to dismiss for want of prosecution an action enforcing a stop-payment-notice claim when the…Section 8556Establishes that a stop payment notice ceases to be effective and withheld funds must be released when the enforcement action is dismissed,…Section 8558Requires reasonable attorney’s fees for the prevailing party in a bonded stop-payment-notice enforcement action and lets the court determine prevailing status. Establishes…Section 8560Requires an award to a prevailing claimant in an action enforcing a bonded stop payment notice to include interest on the claim…