Montana § 28-2-2110 Limit On Retainage

Montana Statutes

§ 28-2-2110 — Limit On Retainage

Montana § 28-2-2110

Title 28CONTRACTS AND OTHER OBLIGATIONS

Ch. 2CONTRACTS

Part 21Payment of Construction Contractors and Subcontractors

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Bluebook

Mont. Code Ann. § 28-2-2110 (2026).

Text

28-2-2110 . Limit on retainage.

(1)The maximum retainage applied to construction contracts subject to the provisions of this part may not exceed 5%.

(2)The retainage percentage withheld by an owner, as provided in subsection (1), from a construction contractor is the maximum retainage that a construction contractor may withhold from a subcontractor.

(3)Retainage must be released upon the final acceptance of each portion of work for which a separate price is stated in the construction contract.

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28-2-2110 . Limit on retainage. (1) The maximum retainage applied to construction contracts subject to the provisions of this part may not exceed 5%.
(2) The retainage percentage withheld by an owner, as provided in subsection (1), from a construction contractor is the maximum retainage that a construction contractor may withhold from a subcontractor.
(3) Retainage must be released upon the final acceptance of each portion of work for which a separate price is stated in the construction contract.