2122. During the performance of the work, the contractor may, if so provided in the agreement, require partial payments on account of the price of the contract for the value of the work performed and of the materials needed to produce the work; before doing so, he is bound to furnish the client with a statement of the amounts paid to the subcontractors, to the persons having supplied the materials and to any other person having participated in the work, and of the amounts he still owes them for the completion of the work.
1991, c. 64, a. 2122; I.N. 2014-05-01.