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Change in Georgia Lien Law

Constructlaw

On August 5, 2020, Governor Brian Kemp signed Georgia Senate Bill 315 into law. This new law, which is codified at Title 44, Chapter 14, Section 366 of the Official Code of Georgia Annotated, substantially changes the way Georgia interprets statutory interim and final lien waivers. Change in Law. ALA Constr. denied (Apr.

Lien 80
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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). Additionally, the company must demonstrate that it can service the debt. GEORGIA – updated for 2014. 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. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral.

Income 75