Mississippi Code Title 85. Debtor-Creditor Relationship § 85-7-431. Effect of payment bonds

Where a contractor gives a payment bond providing payment protection to subcontractors and material suppliers to the full extent provided by the Mississippi Little Miller Act found at Section 31-5-51 , the payment bond shall be in substitution for the liens provided for a subcontractor or materialman in this article.  The contractor's right to a lien is not affected by the provision of a bond.

FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system. For more detailed codes research information, including annotations and citations, please visit Westlaw.

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Copied to clipboard