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TRUSTMARK NAT. BANK v. ROXCO LTD.

No. 2009-CA-00559-SCT.

82 So.3d 573 (2011)

TRUSTMARK NATIONAL BANK d/b/a Credit Card Center v. ROXCO LTD.

Supreme Court of Mississippi.

As Modified on Denial of Rehearing March 22, 2012.

Attorney(s) appearing for the Case

Christopher A. Shapley , William `Trey' Jones, III , Jackson, attorneys for appellant.

James A. Bobo , Brandon, Precious Tyrone Martin, Sr. , attorneys for appellee.

Before WALLER, C.J., KITCHENS and KING, JJ.

KING, Justice, for The Court:

¶ 1. Roxco, Ltd., was hired as the general contractor for several public-construction projects for the State of Mississippi, including four building projects at the University of Mississippi, Jackson State University, and Alcorn State University. State law requires that a certain percent age of the cost of construction be retained to ensure completion. However, Mississippi Code Section 31-5-15 (Rev.2010) allows the contractor to...

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