Statute · California Financial Code
Cal. Fin. Code § 6201 — Indemnity Bonds
Cal. Fin. Code § 6201
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Associations that employ collection agents, who for any reason are not covered by a bond required under Section 6200, shall provide for the bonding of each of those agents in an amount equal to at least twice the average monthly collection of the agent. The agents shall be required to make…
Citator
Cal. Fin. Code § 6201 — Indemnity Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
Associations that employ collection agents, who for any reason are not covered by a bond required under Section 6200, shall provide for the bonding of each of those agents in an amount equal to at least twice the average monthly collection of the agent. The agents shall be required to make settlement with the association at least monthly.