Legislative Session number- 81

Bill Name: SF2381

E Modifying certain requirements and procedures relating to mechanics liens;
requiring proceeds of payments received for labor, skill, material or machinery
contributing to real property improvements to be held for the benefit of the
persons furnishing the labor, skill, material or machinery contributing to the
improvements, separate account not to be required and fiduciary or tort
liability not to be created for persons receiving payments; imposing criminal
penalties for the crime of theft for nonpayment; proceeds of payments received
by shareholders to be a civil liability and recoverable, providing for civil
action, proceeds not to be subject to garnishment, execution, levy or attachment
(ra, ja)