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Home>Levelset Community>Legal Help>Does the new/updated Tennessee retainage law apply to contracts signed and jobs worked on prior to the change?

Does the new/updated Tennessee retainage law apply to contracts signed and jobs worked on prior to the change?

TennesseePrompt PaymentRetainage
Anonymous Contractor

If we had a signed contract with a general contractor on a project and then the retainage law was updated/changed during the construction process, does the job then fall under the new updated law or does it remain with the date that the contract was executed with a general contractor?