Source: http://delcode.delaware.gov/title6/c035/
Timestamp: 2018-02-19 20:03:12
Document Index: 216802341

Matched Legal Cases: ['§ 3501', '§ 3502', '§ 3503', '§ 3504', '§ 3505', '§ 3506', '§ 3507', '§ 3508', '§ 3509', '§ 1', '§ 3652', '§ 1', '§ 3501', '§ 3', '§ 1', '§ 3502', '§ 1', '§ 3652', '§ 1', '§ 3502', '§ 3503', '§ 1', '§ 3652', '§ 1', '§ 3503', '§ 3504', '§ 3503', '§ 3', '§ 3654', '§ 3', '§ 3504', '§ 2', '§ 3653', '§ 2', '§ 3505', '§ 3506', '§ 2', '§ 1', '§ 2', '§ 3507', '§ 1', '§ 1', '§ 5', '§ 1', '§ 3508', '§ 1', '§ 1', '§ 7', '§ 3509', '§ 3507', '§ 3507', '§ 1', '§ 1', '§ 9']

TITLE 6 - CHAPTER 35. BUILDING CONSTRUCTION PAYMENTS
§ 3501 § 3502 § 3503 § 3504 § 3505 § 3506 § 3507 § 3508 § 3509
(1) "Billing period'' means the payment cycle agreed to by the parties, or, in the absence of an agreement, the calendar month within which the work is performed.
(2) "Contractor'' includes, but is not limited to, an architect, engineer, real estate broker or agent, subcontractor or other person, who enters into any contract with another person to furnish labor and/or materials in connection with the erection, construction, completion, alteration or repair of any building or for additions to a building, by such contractor, or for the sale to such other person of any lands and premises, whether owned by such contractor or another, upon which such contractor undertakes to erect, construct, complete, alter or repair any building or addition to a building.
(3) "Moneys or funds'' includes, but is not limited to, the entire amount of all moneys or funds received by a contractor, as defined in this section, who, being the owner of the legal title to lands and premises, receives, in connection with a contract for the sale thereof and for the erection, construction, completion, alteration or repair of any building or addition thereon by such contractor, any moneys or funds by way of a loan or advance upon the security of such lands and premises for the purpose of such erection, construction, completion, alteration or repair, or who receives from the other contracting party or vendee any deposit or sum of money on account of the purchase or contract price, and no part of such moneys or funds shall be deemed or construed applicable to the payment of the cost or selling price of land, unless that part of the contract price or selling price applicable to cost or selling price of land, be specifically so stated in the contract.
(4) "Owner'' means a person who has an interest in the lands or premises upon which a contractor has undertaken to erect, construct, complete, alter or repair any building or addition to a building.
(5) "Person'' shall include a corporation, partnership, limited liability corporation or partnership, business trust, other association, estate trust, foundation or a natural person.
(6) "Subcontractor'' means a person who enters into a contract to furnish labor and/or materials to a contractor.
38 Del. Laws, c. 169, § 1; Code 1935, § 3652; 44 Del. Laws, c. 163, § 1; 6 Del. C. 1953, § 3501; 70 Del. Laws, c. 420, § 3; 74 Del. Laws, c. 357, § 1.;
§ 3502 Payments to contractor impressed with trust.
38 Del. Laws, c. 169, § 1; Code 1935, § 3652; 44 Del. Laws, c. 163, § 1; 6 Del. C. 1953, § 3502.;
§ 3503 Use or application of money received by contractor.
38 Del. Laws, c. 169, § 1; Code 1935, § 3652; 44 Del. Laws, c. 163, § 1; 6 Del. C. 1953, § 3503.;
§ 3504 Contractor's failure to use or apply money in accordance with § 3503 of this title.
38 Del. Laws, c. 169, § 3; Code 1935, § 3654; 44 Del. Laws, c. 163, § 3; 6 Del. C. 1953, § 3504.;
38 Del. Laws, c. 169, § 2; Code 1935, § 3653; 44 Del. Laws, c. 163, § 2; 6 Del. C. 1953, § 3505.;
§ 3506 Interest penalties on late payments.
(e) If it is determined by a court of competent jurisdiction that a payment withheld pursuant to paragraph (a)(3) or subsection (d) of this section was not withheld in good faith for reasonable cause, the court may award reasonable attorney's fees to the prevailing party. In any civil action brought pursuant to this section, if a court determines after a hearing for such purpose that the cause was initiated, or a defense was asserted, or a motion was filed or any proceeding therein was done frivolously or in bad faith, the court shall require the party who initiated such cause, asserted such defense, filed such motion or caused such proceeding to be had to pay the other party named in such action the amount of the costs attributable thereto and reasonable expenses incurred by such party, including reasonable attorney's fees.
70 Del. Laws, c. 420, § 2; 71 Del. Laws, c. 134, §§ 1-5; 74 Del. Laws, c. 357, §§ 2-4.;
§ 3507 Payments due.
(3) Contracts for the purchase of materials by a person performing work on that person's own real property.
73 Del. Laws, c. 344, § 1; 70 Del. Laws, c. 186, § 1; 74 Del. Laws, c. 357, §§ 5, 6; 78 Del. Laws, c. 269, § 1.;
§ 3508 Procedure for dispute of claims.
(a) If an owner or contractor disputes any amounts stated in an invoice for payment, then:
(3) To contracts for the purchase of materials by a person performing work on that person's own real property; or
73 Del. Laws, c. 344, § 1; 70 Del. Laws, c. 186, § 1; 74 Del. Laws, c. 357, §§ 7, 8.;
§ 3509 Attorneys' fees and litigation costs.
(a) Award of attorneys' fees and arbitration costs. — If arbitration or litigation is commenced to recover payment due under § 3507 of this title and it is determined that the owner, contractor or subcontractor has failed to comply with the payment terms of § 3507 of this title, the arbitrator or court shall award damages due equal to the amount that is determined by the arbitrator or court to have been wrongfully withheld. An amount shall not be deemed to have been wrongfully withheld to the extent that it bears a reasonable relationship to the value of any disputed amount or claim held in good faith by the owner, contractor or subcontractor against whom the contractor or subcontractor is seeking to recover payment.
(b) Absent any agreements to the contrary between the parties, the arbitrator in any arbitration proceeding arising under this chapter shall award to the substantially prevailing party its reasonable attorneys' fees, arbitration costs and expenses for expert witnesses.
73 Del. Laws, c. 344, § 1; 70 Del. Laws, c. 186, § 1; 74 Del. Laws, c. 357, §§ 9, 10.;