ARTICLE 2. Retention Payment [8810. - 8822.]
Article 2 added by Stats. 2010, Ch. 697, Sec. 20.
§§ 8810–8822 · 8 sections
- § 8810 This article governs a retention payment withheld by an owner from a direct contractor or by a direct contractor from a subcontractor.
- § 8811 (a) This section is applicable to a contract relating to a private work of improvement entered into on or after January 1, 2026. (b) (1) (A) A retention…
- § 8812 (a) If an owner withholds a retention from a direct contractor, the owner shall, within 45 days after completion of the work of improvement, pay the retention…
- § 8814 (a) If a direct contractor has withheld a retention from one or more subcontractors, the direct contractor shall, within 10 days after receiving all or part of…
- § 8816 (a) If the direct contractor gives the owner, or a subcontractor gives the direct contractor, notice that work in dispute has been completed in accordance with…
- § 8818 If an owner or direct contractor does not make a retention payment within the time required by this article: (a) The owner or direct contractor is liable to…
- § 8820 It is against public policy to waive the provisions of this article by contract.
- § 8822 This article does not apply to a retention payment withheld by a lender pursuant to a construction loan agreement.