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"Construction Trust Fund Statutes: Know What’s Required in the State Where Your Project Is Underway," ConsensusDocs

By Christopher D. Cazenave
February 6, 2020

Construction trust fund statutes have been around for decades. At least 15 states have passed similar statutes. Other states, but not all, do not have an express statute but have interpreted state law to hold that payments received by a general contractor and deposited in a business account establishes a “trust fund.” See e.g., Cal. Bus. & Prof. Code § 7108. Continue reading >

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