Statute · California Labor Code
Cal. Lab. Code § 403 — Bonds and Photographs
Cal. Lab. Code § 403
- Type
- Statute
- Source
- California Labor Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If cash is received as a bond it shall be deposited in a savings account in a bank authorized to do business in this State, and may be withdrawn only upon the joint signatures of the employer and the employee or applicant.
Citator
Cal. Lab. Code § 403 — Bonds and Photographs is in force in the current edition of the Code, and nothing recorded condemns it.
If cash is received as a bond it shall be deposited in a savings account in a bank authorized to do business in this State, and may be withdrawn only upon the joint signatures of the employer and the employee or applicant.
Cash put up as a bond shall be accompanied by an agreement in writing made by the employer and employee or applicant, setting forth the conditions under which the bond is given.