North Dakota Code 35-24-07 – Rights of subcontractor against contract price
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Nothing in this chapter may be deemed to fix a greater liability upon an owner in favor of any claimant under an original contractor than the amount for which the owner would be liable to the original contractor; provided, however, that the risk of all payments made to the original contractor is upon the owner after the receipt of notice that a lien is claimed by a person other than the original contractor; and provided further, that an owner does not have the right to offset obligations of the original contractor unless such obligations arise out of the original contract.
Terms Used In North Dakota Code 35-24-07
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49