The bill amends the requirements for preliminary lien notices for contractors, subcontractors, and materialmen in Wyoming. Specifically, it changes the timeline for when a subcontractor or materialman must send a notice regarding their right to file a construction lien. The previous requirement to send the notice within thirty days after first providing services or materials has been replaced with a requirement to send the notice before final payment is made by the owner to the general contractor. Additionally, the bill clarifies that failure to send the notice within the specified time will bar the right to assert a lien, except in cases where the contractor has not provided necessary information to the subcontractor or materialman.

The bill also includes a provision that ensures subcontractors or materialmen are not barred from asserting a lien if the contractor fails to provide the required information. This change aims to protect the rights of subcontractors and materialmen in the construction process. The act is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 29-2-112