436.333. Unenforceability of contracts entered into after August 28, 2002. - Missouri Statutes

Unenforceability of contracts entered into after August 28, 2002.

436.333. A contract or agreement formed after August 28, 2002, shallbe unenforceable to the extent that its provisions are inconsistent withsections 436.300 to 436.336. If retainage is withheld in violation ofsections 436.300 to 436.360, a court may, in addition to any other awardfor damages, award interest at the rate of up to one and one-half percentper month from the date of such wrongful or improper withholding ofretainage. In any action brought to enforce sections 436.300 to 436.336, acourt may award reasonable attorney's fees to the prevailing party. If theparties elect to resolve the dispute by arbitration pursuant to section435.350*, RSMo, the arbitrator may award any remedy that a court isauthorized to award.

(L. 2002 H.B. 1403)

*Original rolls contained "436.350", a typographical error.