§ 9-114. Releases from material suppliers and subcontractors

Latest version.

(a) Signed release of lien. -- At the time of settlement or payment in full between a contractor and an owner, the contractor shall give to the owner a signed release of lien from each material supplier and subcontractor who provided work or materials under the contract.

(b) Effect of signed release. -- An owner is not subject to a lien and is not otherwise liable for any work or materials included in the release under subsection (a) of this section.

HISTORY: 1982, ch. 251.

                    
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