Construction Law Update
Date: Oct 28, 2016
Impact of Amendments to Minnesota’s Prompt Payment and Retainage Laws
Impact of Amendments to Minnesota’s Prompt Payment and Retainage Laws
On August 1, 2016, Minnesota’s amendments to the prompt payment statute became effective. The amendments made two primary changes to the statute, which will impact the way all construction contracts are written. To learn more, read the newsletter here.
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