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What are the States in which construction subcontract retainage is under statute held in trust, and not optional?

PennsylvaniaRetainage

I saw your video, "What are construction fund statutes?" Can you tell me the States in which construction subcontract retainage is under statute held in trust, and not optional? I am a surety underwriter who will underwrite bonds in lieu of retainage. Bill Faust, Euler Hermes North America Ins. Co., 215-301-0465, William.Faust@eulerhermes.com

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Feb 22, 2023

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