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Response to Subcontractor's Request - Corporation or LLC - Montana

Response to Subcontractor's Request - Corporation or LLC - Montana 2025

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The document is a formal response from a corporation to a subcontractor's request, in accordance with Montana Code Annotated § 71-3-531. It includes details such as the date of the request, identification of the real estate being improved, and the name and address of the contracting owner.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the payment clause for a subcontractor?

A payment clause that obligates the Contractor to pay the subcontractor for satisfactory performance under its subcontract not later than 7 days from receipt of payment out of such amounts as are paid to the Contractor under this contract.

How long does a contractor have to pay a subcontractor in Montana?

(2) (a) Within 7 days after a contractor receives a periodic or final payment from an owner or a state agency, the contractor shall pay the subcontractor, if any, the full amount due the subcontractor in ance with the subcontract for work performed or materials provided in ance with that subcontract.

Do you need an ICEC in Montana?

In Montana, both independent contractors and hiring agents can be fined up to $5,000 per violation for failing to comply with independent contractor exemption certificate (ICEC) requirements. For independent contractors, penalties include: Working without a valid ICEC.

How long does a contractor have to bill you for services?

In the construction and contracting industry, it is standard industry practice to collect payment for services provided within 30 days.

Do I need a physical address for an LLC in Montana?

LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in Montana. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.

Can a subcontractor be an LLC?

The independent contractor can instead form an LLC and, for tax purposes, elect to be an S corporation by filing Internal Revenue Service (IRS) Form 2553.

What is the contract law in Montana?

What is Montana Contract Law? Per Montanas law on contracts, Title 28, MCA, a contract is a legal agreement to do or not do something. This law guides the formation and execution of contracts, liability and obligations of parties, and limitations of actions arising from disputes.

What happens if a client doesnt pay a contractor?

In California, anyone who provides materials or services during construction can file a mechanics lien. In essence, a mechanics lien is a legal protection for unpaid construction workers. It allows you to place a lien basically, a legal impediment upon the property where the unpaid work was performed.

Response to Subcontractor's Request - Corporation or LLC - Montana 2025

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