N.J.S.A 2A:44-148. Money paid to contractor trust fund for payment of claims

2A:44-148. Money paid to contractor trust fund for payment of claims

All money paid by the state of New Jersey or by any agency, commission or department thereof, or by any county, municipality or school district in the state, to any person pursuant to the provisions of any contract for any public improvement made between any such person and the state or any agency, commission or department thereof, or any county, municipality or school district in the state, shall constitute a trust fund in the hands of such person as such contractor, until all claims for labor, materials and other charges incurred in connection with the performance of such contract shall have been fully paid.

Case(s):

Look up case for New Jersey Statute 2A:44-148. Money paid to contractor trust fund for payment of claims

Original Text maintained by the State of New Jersey:

NJ Maintained Unanotated Statutes References to 2A:44-148. Money paid to contractor trust fund for payment of claims

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