In a move to curb fly-by-night contractors, the City Council passed a bill yesterday requiring small home builders to register, disclose corporate officers and prove they are making a profit.
Pols nail down shady builders
The legislation requires general contractors to disclose the names, addresses and telephone numbers of their owners and all corporate officers, prove financial solvency and have no less than $1 million in liability insurance for each job.
I hope that there were no loopholes accidentally (or deliberately) left in the wording of this law !
what if the contractor's company is registered out of state etc.?
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