2022 -- H 7026 | |
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LC003689 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2022 | |
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A N A C T | |
RELATING TO PROPERTY -- MECHANICS' LIENS | |
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Introduced By: Representatives Edwards, Craven, Corvese, Solomon, and McEntee | |
Date Introduced: January 10, 2022 | |
Referred To: House Judiciary | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 34-28 of the General Laws entitled "Mechanics' Liens" is hereby |
2 | amended by adding thereto the following section: |
3 | 34-28-38. Arbitration. |
4 | In any mechanics' lien proceeding under this chapter whereby the petitioner has filed a |
5 | mechanics' lien, where an arbitration provision exists between the petitioner and the respondent |
6 | owner or lessee, and the mechanics' lien action is stayed pending arbitration, any arbitration award |
7 | shall be binding with full force and effect within the mechanics' lien action and any such award |
8 | shall be res judicata. The court in the mechanics' lien action may award reasonable attorneys' fees |
9 | in its discretion in relation to the arbitration proceedings to the prevailing party. The arbitrator shall |
10 | have the authority to decide all procedural issues in relation to the compliance with the mechanics' |
11 | lien action pursuant to this chapter. |
12 | SECTION 2. This act shall take effect upon passage. |
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LC003689 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PROPERTY -- MECHANICS' LIENS | |
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1 | This act would provide that any arbitration award issued where an arbitration provision |
2 | exists between parties shall be binding in a mechanics' lien action files in any court and shall be res |
3 | judicata. The court may award reasonable attorneys' fees in its discretion to the prevailing party. |
4 | This act would take effect upon passage. |
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LC003689 | |
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