Statute · California Financial Code

Cal. Fin. Code § 6204 — Indemnity Bonds

Cal. Fin. Code § 6204

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

Indemnity bonds shall provide that their cancellation either by the surety or by the insured shall not become effective unless and until 10 days’ notice in writing first shall have been given to the commissioner, unless the cancellation is approved earlier by the commissioner.

Citator

Cal. Fin. Code § 6204 — Indemnity Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Indemnity bonds shall provide that their cancellation either by the surety or by the insured shall not become effective unless and until 10 days’ notice in writing first shall have been given to the commissioner, unless the cancellation is approved earlier by the commissioner.