572.15  Discharge of subcontractor's lien -- bond.

A mechanic's lien may be discharged at any time by the owner, principal contractor, or intermediate subcontractor filing with the clerk of the district court of the county in which the property is located a bond in twice the amount of the sum for which the claim for the lien is filed, with surety or sureties, to be approved by the clerk, conditioned for the payment of any sum for which the claimant may obtain judgment upon the claim. This section applies to any mechanic's lien perfected under this chapter that has not been discharged as of March 21, 1986, as well as any mechanic's lien filed on or after March 21, 1986.

Section History: Early form

  [C97, § 3093; S13, § 3093; C24, 27, 31, 35, 39, § 10284; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 572.15]

Section History: Recent form

  86 Acts, ch 1017, § 1

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