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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

Copyright 2005-2012 Sabo & Zahn, all rights reserved. The owner had hired a general contractor who, in turn, had subcontracted some of the work. After the owner paid the fifth draw and the general deposited the funds into its bank account, the bank seized the funds in the account because of another debt owed by the general.

Lien 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). System must be placed in service between December 31, 2005 and December 31, 2012. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016.

Income 75