#67: Paying Your Subcontractor's Employees
NH Construction Law
MAY 28, 2018
The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors. But even on private projects written subcontracts can reserve the right to inspect subcontractor payroll records. § 5.5(a)(6).)
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