§ 38-26-103 — Verified account to company - withhold payments

Every
laborer, mechanic, ranchman, farmer, merchant, or other person performing any
work or labor or furnishing any laborers, materials, ranch or farm products,
provisions, goods, or supplies to any contractor or subcontractor in the construction
of any railroad, reservoir, or irrigation canal, or any part thereof, used by such
contractor or subcontractor in carrying on said work of construction whose demand
for work, labor, laborers, material, ranch or farm products, provisions, goods, or
supplies so furnished has not been paid may deliver to the company owning such
railroad, reservoir, or irrigation canal, or to its agent, a verified account of the
amount and value of the work and labor so performed or the laborers, material,
ranch or farm products, provisions, goods, or supplies so furnished. Thereupon such
company, or its agent, shall retain out of the subsequent payments to the
contractor the amount of such unpaid account for the benefit of the person to
whom the same is due.

Legislative History

Source: L. 11: p. 491, � 2. C.L. � 6482. CSA: C. 39, � 2. CRS 53: � 86-7-2. C.R.S. 1963: � 86-7-2. L. 2000: Entire section amended, p. 212, � 16, effective August 2.