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06Nov

The Impact of the 2020 Tennessee Construction Legislation

After a number of controversial bills proposed from various industry groups over the last few years, the Tennessee construction community came together in 2020 to push through legislation intended to protect members of the construction industry. A cornerstone of that attempt was gaining lien priority – or at least parity – with construction lenders, further bolstering the trust fund statutes, and developing statutory stop work procedures in the event of non-payment......
By: Bradley Arant Boult Cummings LLP
Source Url: https://www.jdsupra.com/legalnews/the-impact-of-the-2020-tennessee-10918/

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