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§ 1603. Contractor's duties on receipt of notice

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 49 P.S. Mechanics' Liens

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 49 P.S. Mechanics' Liens
Chapter 6. Mechanics' Lien Law of 1963 (Refs & Annos)
Article VI. Duties and Remedies of Owner and Contractor on Notice of Intention to File or on Filing of Claim by Subcontractor
49 P.S. § 1603
§ 1603. Contractor's duties on receipt of notice
Upon service of the notice provided by section 602,1 the contractor shall within thirty (30) days from the contractor's receipt of notice:
(1) settle or discharge the claim of the subcontractor and furnish to the owner a written copy of a waiver, release or satisfaction thereof, signed by the claimant; or
(2) agree in writing to undertake to defend against said claim, and if the owner has not retained sufficient funds to protect him against loss, furnish the owner additional approved security to protect the owner from loss in the event the defense should be abandoned by the contractor or should not prevail; or
(3) furnish to the owner approved security in an amount sufficient to protect the owner from loss on account of said claim.

Credits

1963, Aug. 24, P.L. 1175, No. 497, art. VI, § 603.
COMMENT--JOINT STATE GOVERNMENT COMMISSION 1964 REPORT
This section is adapted from Section 9, Act of 1901, 49 P.S. 103, 105. The duties of the contractor are clarified and expanded to provide for the right of the owner to require additional security if the amount retained is not sufficient.
HISTORICAL AND STATUTORY NOTES
Prior Laws:
1901, June 4, P.L. 431, § 9.
49 P.S. §§ 103, 105.

Footnotes

49 P.S. § 1602.
49 P.S. § 1603, PA ST 49 P.S. § 1603
Current through 2018 Regular Session Act 164 (End)
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