California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 6 — Works of Improvement, Title 2 — Private Works of Improvement, Chapter 8 — Prompt Payment, Article 2 — Retention Payment, Section 8822
This article does not apply to a retention payment withheld by a lender pursuant to a construction loan agreement.
Notes
Exempts from this article a retention payment that a lender withholds pursuant to a construction loan agreement. The article’s rules therefore do not apply to a lender-held retention when the withholding occurs under that construction loan agreement, as specified in the text.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 8822 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-6/title-2/chapter-8/article-2/section-8822