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NCS Lien Index 2021 Q2
May 17, 2021
Iowa Governor, Kim Reynolds, has signed HF 561 into law. The bill contains two key changes to Iowa’s mechanic’s lien law. Though the new statute won’t take effect until January …
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June 1, 2020
Furnishing to a private construction project in Wisconsin? Today’s post is all Wisconsin. Let’s review what you should know about mechanic’s lien, bond claim, and lien on funds rights for …
February 10, 2020
It’s part three of our three-part series of Commercial Credit Management Tips from NCS. Previously we provided favorite tips for Collections and UCCs. Today we wrap up this series with …
December 2, 2019
OK, maybe you can’t simply click your heels to file a lien in Kansas, but you can read today’s post to learn more about the steps to securing lien and …
November 1, 2019
Are bond claim rights available on private projects? Possibly, if a payment bond is provided! A payment bond is typically the type of bond that provides protection for those furnishing …
August 26, 2019
In light of the recent passage of Illinois HB2722, today’s post is all about Illinois! HB2722 adds protection under the payment bond for those who provide rental equipment to public …
June 14, 2019
A “lien dissolution bond,” which can be filed to remove mechanic’s liens from a property, is one of many names or phrases given to bonds of this type. Some other …
March 29, 2019
Private projects in Texas – mechanic’s lien or bond claim? Ordinarily I would say “Mechanic’s lien!” However, that may not always be the case. And be careful, because mechanic’s liens …
March 4, 2019
Starbucks, Jimi Hendrix, Bing Crosby, Mt. Rainier, Boeing and Microsoft come from the great state of Washington, the only state named after a president. The intense clean-up efforts of the …
February 4, 2019
The construction credit world is chock full of industry-specific terms and definitions; sometimes it’s tough to keep them straight. “Bond” is one of those terms. Is it a payment bond, …
January 11, 2019
We know mechanic’s liens can be bonded off, we’ve discussed it before. But it’s a topic that can be quite confusing, especially when each state treats the bonds a bit …
January 7, 2019
If you are furnishing to a private project in Louisiana, today’s post is just for you! In this post, we will review the statutory requirements for the preliminary notice, mechanic’s …
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