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Mechanic’s Lien / Payment Bond Reforms Pending in NC

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Since many Virginia contractors also perform work in North Carolina, I thought those that do might be interested in pending reforms to NC’s mechanic’s lien and payment bond statute that were filed today in the state’s General Assembly. Some of these changes are very substantial. A link to the NC General

Assembly web page with the proposed legislative changes follows: S864, Mechanics Liens/Payment Bond Reforms.

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