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, and an agreement to the contrary is unenforceable.? (1987 (Reg. Sess., 1988), c. 946; 1991, c. 620.)

Terms Used In North Carolina General Statutes 22C-2

  • Contract: A legal written agreement that becomes binding when signed.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  Previous section
Next section  
 Chapter 22C Contents