Louisiana § RS 9:4858 - Contractor's retainage bond
Full text of Louisiana Louisiana Civil Code § RS 9:4858 — Contractor's retainage bond, with citation guidance and answers to common questions.
§ RS 9:4858. Contractor's retainage bond
A. The contractor may elect to furnish at the contractor's cost and without offset of the cost against the retainage amount a retainage bond equal to and in lieu of the amount of the retainage required by the contract whenever a contract between an owner and a contractor for the construction, alteration, or repair of any work requires the withholding of sums for retainage until after the recordation of formal acceptance of such work, or notice of default by the contractor or subcontractor, or substantial completion, or final payment exclusive of nonconforming work.
B. If the contractor elects to furnish a retainage bond, it shall be in a form designated by the contracting agency from a surety, within their underwriting limits, with at least an A- rating in the latest printing of the A.M. Best's Key Rating Guide.
Redesignated from R.S. 9:4822(M) by Acts 2019, No. 325, §4.
NOTE: Former R.S. 9:4822 (M) redesignated as R.S. 9:4858 by Acts 2019, No. 325.
NOTE: See Acts 2019, No. 325, §§6, 7, and 10, regarding applicability.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 9:4858
What does Louisiana Civil Code § RS 9:4858 cover?
Section RS 9:4858 ("Contractor's retainage bond") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 9:4858?
A common citation format is "Louisiana Civil Code § RS 9:4858" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 9:4858 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.