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03Jun

Joint Check Agreement Causes Big Trouble in Virginia

Many general contractors manage the risk of a subcontractor’s financial instability by issuing joint checks to the subcontractor and its suppliers on a project. These arrangements are usually governed by a separate agreement that sets forth the roles...
By: Vandeventer Black LLP
Source Url: https://www.jdsupra.com/legalnews/joint-check-agreement-causes-big-67760/

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