Rhode Island General Laws 37-12.1-5. Applicability
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This chapter shall apply to all retained earnings held pursuant to any public works contract as of June 16, 1991.
History of Section.
P.L. 1991, ch. 161, § 1.
Terms Used In Rhode Island General Laws 37-12.1-5
- Contract: A legal written agreement that becomes binding when signed.
- Retained earnings: means any money or earned estimates withheld from a designer pursuant to the terms of a public works contract. See Rhode Island General Laws 37-12.1-1