770 ILCS 60/21.01

Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
Section 770 ILCS 60/21.01 - Failure Of Contractor To Pay Sub-contractor; Fraud; Penalty

Any contractor, or if the contractor is a corporation any officer or employee thereof, who with intent to defraud induces a subcontractor, as defined in Section 21, to execute and deliver a waiver of lien for the purpose of enabling the contractor to obtain payment under his contract and upon the representation that the contractor will, from such payment, pay the subcontractor the amount due the subcontractor, and who willfully fails to pay the subcontractor in full within 30 days after such payment shall be guilty of a Class A misdemeanor.

770 ILCS 60/21.01

P. A. 77-2705.
Amended by P.A. 094-0627, § 5, eff. 1/1/2006.