Montana § 18-2-316 - Limit On Retainage For Public Contracts
Full text of Montana Montana Code Annotated § 18-2-316 — Limit On Retainage For Public Contracts, with citation guidance and answers to common questions.
§ 18-2-316. Limit On Retainage For Public Contracts
Limit on retainage for public contracts. (1) The maximum retainage applied to construction contracts administered by the state of Montana or any department, agency, or political subdivision of the state of Montana, by any county, municipality, or political subdivision of a county or municipality, or by a school district may not exceed 5% if the contractor is performing by the terms of the contract. (2) The retainage percentage withheld by a government entity, as provided for in subsection (1), from a contractor is the maximum retainage percentage that a contractor may withhold from a subcontractor. (3) For the purposes for this section, "retainage" means the ratio, in percent, of funds retained to the total amount to be paid to the contractor by the government entity.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 18-2-316
What does Montana Code Annotated § 18-2-316 cover?
Section 18-2-316 ("Limit On Retainage For Public Contracts") is part of the Montana Code Annotated, the codified statutory law of Montana. 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 Montana § 18-2-316?
A common citation format is "Montana Code Annotated § 18-2-316" (Montana). 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 Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 18-2-316 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana 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 Montana.