Article Date: 07/28/2008

AIA PROGRESS PAYMENT CLAUSE DID NOT NEGATE STATE TRUST STATUTE

Court of Special Appeals of Maryland

Walter v. Atlantic Builders Group, Inc.

No. 218, September Term, 2007
July 7, 2008

Overview

A Maryland court has ruled that an AIA progress payment clause, expressly disclaiming any trust or fiduciary duty on the part of the recipient, did not negate liability for violating the Maryland Construction Trust Statute.

Background

Harford County ... Log in to view the full text.

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