Indiana Code 14-26-8-59. Lien for labor and materials
(1) within sixty (60) days of furnishing the labor or material; and
Terms Used In Indiana Code 14-26-8-59
- Lien: A claim against real or personal property in satisfaction of a debt.
(b) After the receipt of notice under subsection (a), the surveyor shall withhold payment to the contractor for the work in an amount sufficient to satisfy the lien until the amount is adjusted and paid.
(c) If a contractor and a person claiming a lien disagree on the amount or validity of the lien, the court ordering the construction of the work shall, upon motion of the surveyor, contractor, or person claiming the lien, determine the amount to be paid. The surveyor may pay the amount determined, and on payment the surveyor is released from all liability concerning the payment.
(d) If the surveyor fails to comply with this section, the surveyor is liable on the surveyor’s bond for the amount improperly paid over to the contractor.
[Pre-1995 Recodification Citation: 13-2-18-21.]
As added by P.L.1-1995, SEC.19.