ARTICLE 3. Stop Payment Notice to Construction Lender

Article 3 added by Stats. 2010, Ch. 697, Sec. 20.

§§ 8530–8538 · 5 sections

• § 8530 A person that has a lien right under Chapter 4 (commencing with Section 8400) may give a construction lender a stop payment notice.
• § 8532 A claimant may give a construction lender a stop payment notice accompanied by a bond in an amount equal to 125 percent of the amount of the claim. The bond…
• § 8534 (a) A construction lender that objects to the sufficiency of sureties on the bond given with a bonded stop payment notice shall give notice to the claimant of…
• § 8536 (a) Except as provided in subdivision (b), on receipt of a stop payment notice a construction lender shall withhold from the borrower or other person to whom…
• § 8538 (a) The claimant may make a written request for notice of an election by the construction lender under Section 8536 not to withhold funds. The request shall be…