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Pooled cheque agreements are the most common in the construction industry, as so many levels of parties are involved in a typical construction project. This reality of the construction sector fits perfectly into the concept of common control. Where does this concept of «joint check» come from? Is there a federal or national law that gives contractors, owners and suppliers a directive on the operation of these agreements? Are there any regulatory restrictions on what can be agreed as part of a pooled cheque agreement? In accordance with the common check rule, if you are in favor of this $85,000 check, you waive your rights to the remaining $15,000 debt. The period. End of story. You cannot take legal action for the unpaid party and any pledge or surety claims you have in force are deemed invalid. .