38-1-22 - Advance payments under terms of contract -- Effect on liens. - Utah Statutes

38-1-22. Advance payments under terms of contract -- Effect on liens.
The subcontractors' liens provided for in this chapter shall extend to the full contract price,but if at the time of the commencement to do work or furnish materials the owner has paid uponthe contract, in accordance with the terms thereof, any portion of the contract price, either inmoney or property, the lien of the contractor shall extend only to such unpaid balance, and thelien of any subcontractor who has notice of such payment shall be limited to the unpaid balance ofthe contract price. No part of the contract price shall by the terms of any contract be madepayable, nor shall the same or any part thereof be paid in advance of the commencement of thework, for the purpose of evading or defeating the provisions of this chapter.

No Change Since 1953