Md. Code, State Finance and Procurement § 15-107

Md. Code, State Finance and Procurement § 15-107
in effect
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After a unit pays a semifinal estimate on a procurement contract, the unit shall place any retainage remaining in its possession in an interest bearing escrow account.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf&section=15-107&enactments=falseFetched: 10/17/2026

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