Louisiana Statutes
§ 9:4858 — Contractor's retainage bond
Louisiana § 9:4858
JurisdictionLouisiana
Title 9Civil Code-Ancillaries
This text of Louisiana § 9:4858 (Contractor's retainage bond) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 9:4858 (2026).
Text
§4858. Contractor's retainage bond
A.The contractor may elect to furnish at the contractor's cost and without offset of
the cost against the retainage amount a retainage bond equal to and in lieu of the amount of
the retainage required by the contract whenever a contract between an owner and a contractor
for the construction, alteration, or repair of any work requires the withholding of sums for
retainage until after the recordation of formal acceptance of such work, or notice of default
by the contractor or subcontractor, or substantial completion, or final payment exclusive of
nonconforming work.
B.If the contractor elects to furnish a retainage bond, it shall be in a form designated
by the contracting agency from a surety, within their underwriting limits, with at least an A-
rating i
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Nearby Sections
15
§ 9:4806
Owner defined; interest affected§ 9:4808
Work defined§ 9:4810
Miscellaneous definitions§ 9:4813
Liability of the surety§ 9:4820
Privileges; effective dateCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:4858, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A4858.