Individual Owner of a Corporate Contractor may be Liable for Violations of the Michigan Builders’ Trust Fund Act

The Michigan Court of Appeals recently clarified when a corporate officer may be held personally liable for his company’s violation of the Michigan Builders’ Trust Fund Act, M.C.L. § 570.151 et seq. Under the Act, a contractor is required to pay its laborers, subcontractors, and suppliers prior to keeping the funds received for a project […]