A5405 (2025-26 session)

NY State bill

Voids provisions in construction contracts requiring retainage as expressly provided for by section seven hundred fifty-six-c of the general business law in an amount exceeding five percent of the contract sum.

Title
Relates to void provisions in construction contracts
Type
New York State Assembly bill
Session
2025-26 session
Status
Signed by Governor
Latest action date
2025-12-19
Introduced
2025-02-13
Same as
S5655
Law section
General Business Law

Sponsors

Co-sponsors

Heard in committee

Same as

Substituted for

Sources