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.
Mo. Rev. Stat. § 436.318
Release of retainage, payment made
Known as the Uniform Athlete Agents Act
The act spans §§ 436–436 (89 sections).
Effective: 28 Aug 2002; (L. 2002 H.B. 1403)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.