Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 80. STATE FAIR COMMISSION |
Article 80IAC7. DEFINITIONS |
Rule 80IAC7-1. Definitions |
Section 80IAC7-1-38. "Retainage" defined
Latest version.
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"Retainage" means any amount to be withheld from a payment to a contractor or subcontractor under the terms of a commission works contract until the occurrence of a specified event. (State Fair Commission; 80 IAC 7-1-38; filed Nov 7, 2016, 3:46 p.m.: 20161207-IR-080160210FRA)