§ 66-34-601. Interest
Any payment not made in accordance with this chapter accrues interest, from the date due until the date paid, at the rate of interest for delinquent payments provided in written contract or, if no interest rate is specified in a written contract, then one and one-half percent (1.5%) per month.
§ 66-34-602. Nonpayment — Notice of Intent to Seek Relief Under Chapter — Remedies — Attorney’s Fees — Bond
A prime contractor who has not received payment from an owner, or a remote contractor who has not received payment from a prime contractor or other remote contractor, in accordance with this chapter, or any prime contractor or remote contractor that intends to seek to recover funds as permitted by § 66-34-205 and this section, […]
§ 66-34-603. Additional Rights of Prime Contractors and Remote Contractors — Reasonable Assurances
In addition to any rights provided for under any contract: Prior to visible commencement of operations, and upon written request by a prime contractor, the owner shall furnish a prime contractor reasonable evidence the owner has procured a loan, which may be secured by a mortgage or other encumbrance, or has otherwise made financial arrangements […]