California Civil Code ARTICLE 4 - Priorities
- Section 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 given...
- Section 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 subcontractor, the direct...
- Section 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...
Last modified: October 22, 2018