ARTICLE 4. Priorities [8540. - 8544.]

Article 4 added by Stats. 2010, Ch. 697, Sec. 20.

§§ 8540–8544 · 3 sections

• § 8540 (a) Funds withheld pursuant to a stop payment notice shall be distributed in the following order of priority: (1) First, to pay claims of persons that have…
• § 8542 Notwithstanding Section 8540: (a) If funds are withheld pursuant to a stop payment notice given to a construction lender by a direct contractor or…
• § 8544 The rights of a claimant who gives a construction lender a stop payment notice are not affected by an assignment of construction loan funds made by the owner…