This time of year, it is crucially import for businesses to review their records and record keeping practices to ensure the business is maintaining proper corporate formalities. During the course of the year, businesses should be keeping proper records of their activities, especially when it comes to major changes like adding a partner, introducing a new business line, taking on…
Construction Law
North Carolina Lien Agents
This website has previously discussed changes to certain parts of North Carolina’s lien statute which went into effect on April 1, 2013. This article explores in greater detail the Lien Agent requirement and provides general guidance on how to properly notify the lien agent of a potential lien claim. Every situation is different, however, so we encourage you to contact…
North Carolina’s New Lien Law
On April 1, 2013, new legislation enacted by the North Carolina General Assembly took effect which made substantial changes to North Carolina’s previous lien law statutes. Under the new lien law, our business clients must make significant changes to their previous practices to preserve and protect their rights to liens on jobs as suppliers of materials of as subcontractors providing…