Kansas HB2341 mandates that sureties for bonds clearing contractors' liens must be licensed in Kansas, awards attorney fees to successful claimants.
Kansas HB2341 amends the state's contractor's and other liens on property law. It requires that sureties for bonds posted to clear contractors' liens must be licensed to do business in Kansas. The bill also mandates that district courts award attorney fees and costs to successful claimants who demanded payment from the principal and surety before filing suit and did not receive payment. Additionally, it requires a pretrial hearing to determine whether the surety should pay the claimant directly or deposit the amount into an account held by the court.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.