Wednesday, April 27, 2016 9:37:25 AM
Another made up assumption with no basis in fact. Please show us an example of any construction contract that contained such a provision and prove that such a provision exist in mCig's agreements. You can't, can you?
Any contractor would be crazy to agree to such a provision. It would mean that the sub-contractors and suppliers wouldn't get paid. Consequently, construction contracts in all states are always protected by the ability to file liens against the property being improved. The contractor simply files a notice of lien within 90 days. Most contractors and sub contractors will file such a lien if they haven't received payment within thirty days. The leader of mCig's Grow Services Division, Ron Sassano, is a general contractor with years of experience. You can bet he's very familiar with the process...
Nevada Construction Lien Law
Also...
Mechanics Lien - Wikipedia
Les
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