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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

In Texas, there are technically two different types of “retainage,” one referred to as such, and the other referred to as “reserved funds.” Texas lien law: ‘Retainage’ or ‘reserved funds’? The main changes came in the form of simplified notice procedures and lien filing deadlines.

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Non-signatory bound by agreement to arbitrate

Construction Lawyer

« Florida Supreme Court follows Texas Lamar Homes | Main. When Hansen terminated the subcontract, the distribution right was affected and SIB sued Hansen. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Non-signatory bound by agreement to arbitrate. The court disagreed.

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State by State Incentives Guide

Buisness Facilities Contributed Content

It provides specialized and professional assistance to businesses seeking assistance with contracting and subcontracting opportunities with the Department of Defense (DOD), other federal agencies or state and local governments. TEXAS – updated for 2014. of Commerce Division of Economic Development and Finance (EDF).

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. The ETF was created by the Texas Legislature in 2005 at the urging of Gov.

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