Administration of this Chapter

(a)The effective date of this Act shall be sixty

(60)days after it is enacted into law.

(b)The 2008 Guam Mechanics’ Lien Law will apply to all works of improvement that commence after the effective date of COL5/8/2020 CH. 33 LIENS IN GENERAL this law. The prior Guam Mechanics’ Lien Law will no longer be applicable to any works of improvement commencing after the effective date of this law.

(c)For all works of improvement that have been completed prior to the effective date of this law, prior Guam Mechanics’ Lien Law will continue to apply.

(d)For works of improvement that commenced prior to the effective date of this law, but are not completed prior to the effective date of this law, the following shall apply:

(1)For labor, services, materials, appliances or equipment provided to that portion of the work of improvement prior to the effective date of this law, it shall be covered by the prior Guam Mechanics’ Lien Law.

(2)For labor, services, materials, appliances or equipment provided to that portion of the work of improvement after the effective date of this law, the 2008 Guam Mechanics’ Lien Law shall apply, but the required preliminary twenty

(20)day notice shall be given no later than:

(A)the date required by this law; or

(B)within thirty

(30)days from the effective date of this law.