Missouri § 436.324 Release of retainage, when.

Missouri Statutes

§ 436.324 — Release of retainage, when.

Missouri § 436.324

Title XXVIIICONTRACTS AND CONTRACTUAL RELATIONS

Ch. 436Special Purpose Contracts

This text of Missouri § 436.324 (Release of retainage, when.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 436.324 (2026).

Text

Within thirty days of the project reaching substantial completion, as defined in section 436.327 , all retainage or substitute security shall be released by the owner to the contractor less an amount equal to one hundred fifty percent of the costs to complete any remaining items.  Upon receipt of such retainage from the owner, the contractor shall within seven days release to each subcontractor that subcontractor's share of the retainage.

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Within thirty days of the project reaching substantial completion, as defined in section 436.327 , all retainage or substitute security shall be released by the owner to the contractor less an amount equal to one hundred fifty percent of the costs to complete any remaining items. Upon receipt of such retainage from the owner, the contractor shall within seven days release to each subcontractor that subcontractor's share of the retainage.