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House Bill 1524


House Bill 1524

ARCHIVE (2003)

Latest Information

 

DIGEST OF INTRODUCED BILL


Mechanic's liens. Establishes the Indiana mechanic's lien recovery fund. Provides that a subcontractor and supplier who contribute to the fund shall be reimbursed from the fund if the subcontractor or supplier is not compensated for work done on an owner occupied residence. Requires the attorney general to administer the fund and initiate legal actions to recoup amounts paid from the fund and civil penalties.
Current Status:
 In Committee - first House
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