Texas Statutes (Last Updated: January 4, 2014) |
PROPERTY CODE |
Title 5. EXEMPT PROPERTY AND LIENS |
Subtitle B. LIENS |
Chapter 53. MECHANIC'S, CONTRACTOR'S, OR MATERIALMAN'S LIEN |
Subchapter B. PERSONS ENTITLED TO LIEN; SUBJECT PROPERTY |
Sec. 53.025. LIMITATION ON ORDINARY RETAINAGE LIEN
Latest version.
-
A lien for retainage is valid only for the amount specified to be retained in the contract, including any amendments to the contract, between the claimant and the original contractor or between the claimant and a subcontractor.
Acts 1983, 68th Leg., p. 3537, ch. 576, Sec. 1, eff. Jan. 1, 1984. Amended by Acts 1989, 71st Leg., ch. 1138, Sec. 2, eff. Sept. 1, 1989.