GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

H	2 

HOUSE BILL 1027
Committee Substitute Favorable 5/1/91

Short Title:  Subcontractor Payment.	(Public)
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April 19, 1991

A BILL TO BE ENTITLED
AN ACT TO PROVIDE THAT PAYMENT OF A CONTRACTOR OR SUBCONTRACTOR IS NOT A CONDITION PRECEDENT FOR PAYMENT TO ANY SUBCONTRACTOR.
The General Assembly of North Carolina enacts:
Section 1. G.S. 22C-2 reads as rewritten:
"§ 22C-2.  Performance by subcontractor.
Performance by a subcontractor in accordance with the provisions of its contract shall entitle it to payment from the party with whom it contracts.  Payment by the owner to a contractor is not a condition precedent for payment to a subcontractor and payment by a contractor to a subcontractor is not a condition precedent for payment to any other subcontractor."
Sec. 2.  This act is effective upon ratification.