materialman


Also found in: Financial.

materialman

noun artificer, builder, constructor, contractor, designer, deviser, engineer, outfitter, provider, supplier
Associated concepts: materialman's lien
References in periodicals archive ?
The more common term is "supplier." The definition of "materialman" does not include a furnisher of rental equipment, but this oversight is addressed in Fla.
"A person commits the offense of defrauding a materialman if, being the principal contractor or subcontractor, the person knowingly or willfully with the purpose to defraud fails to pay any supplier or subcontractor for a material or good furnished to the project within 30 days of final receipt of payment under the contract."
First, he should determine whether he has a mechanic's or materialman's lien on the tractor-trailer, which would make him a secured creditor.
(122.) Winokur, supra note 11, at 366 (showing that such a split priority is also encountered in a construction loan lien securing future optional advances held partially senior and partially junior to an intervening materialman's lien, based on advances made before a materialman's lien attached).
The court further stated that the joint check rule does not apply to extinguish the surety's obligations as a surety because the rule does not apply to the surety of a co-payee, but merely provides that the maker of a joint check is deemed to have paid the materialman as payee, and the rule does not extend beyond the relationship between the maker of the checks or his or her sureties.
The Court noted that it had previously found materialman's liens, real estate liens, and valid contracts to be property.
Various tax, mechanic's, materialman's, and landlord's liens may be asserted against the leased equipment based on your actions or omissions even though the lessor retains title to the leased equipment and you possess only a leasehold interest in that property.
Your company needs to have procedures in place to file any applicable liens, such as mechanics and materialman's liens or bond claims.
Now we have materialman's liens, tax liens, mortgage liens, attorney's liens, mineral liens, maritime liens, warehouser's liens, HOA liens, municipal liens, UCC liens, judgment liens (of which the charging order lien is but one), and the list goes on and on.
Doing Steel had filed a materialman's lien against the property for nearly $91,000 in February 2009, according to court documents.
Similar payment and withholding requirements are applicable a to contractor's approval or disapproval and payment of a subcontractor's or materialman's invoice.