Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 8697.4 — Indemnity Bonds

Cal. Bus. & Prof. Code § 8697.4

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Upon failure of a licensee or registered company to maintain in full force and effect any bond required by this article the registrar shall issue an order suspending or revoking the license or company registration, which shall not be reinstated until a new bond is filed.

Citator

Cal. Bus. & Prof. Code § 8697.4 — Indemnity Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Upon failure of a licensee or registered company to maintain in full force and effect any bond required by this article the registrar shall issue an order suspending or revoking the license or company registration, which shall not be reinstated until a new bond is filed.