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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon the release of retainage by the owner to the contractor, other than for substituted security pursuant to sections 436.306 and 436.312, the contractor shall pay to each subcontractor the subcontractor's ratable share of the retainage released, provided that all conditions of the subcontract for release of retainage to the subcontractor have been satisfied.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XXVIII. Contracts and Contractual Relations § 436.318. Release of retainage, payment made - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-xxviii-contracts-and-contractual-relations/mo-rev-st-436-318/
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