Texas HB3712 prohibits reserving funds for specially fabricated construction materials delivered and accepted by the owner, contractor, or.
Texas HB3712 amends the Property Code to prohibit owners, contractors, or subcontractors from reserving funds for specially fabricated materials that have been delivered and accepted at the construction site or off-site and are covered by a manufacturer's warranty. This change applies only to original contracts entered into after the effective date of the Act, which is September 1, 2025. Contracts entered into before this date remain governed by the previous law.
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- Legal Framework
- Critical Issues
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