Statute · California Public Contract Code
Cal. Pub. Cont. Code § 20463 — Legislative Bodies—Improvement Act of 1911
Cal. Pub. Cont. Code § 20463
- Type
- Statute
- Source
- California Public Contract Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The bond shall guarantee the payment of any sum which the claimant may recover on the claim together with his costs of suit in the action, if he shall recover therein. If such bond is filed, the city, any officer thereof, or superintendent of streets shall not withhold any moneys or funds,…
Citator
Cal. Pub. Cont. Code § 20463 — Legislative Bodies—Improvement Act of 1911 is in force in the current edition of the Code, and nothing recorded condemns it.
The bond shall guarantee the payment of any sum which the claimant may recover on the claim together with his costs of suit in the action, if he shall recover therein. If such bond is filed, the city, any officer thereof, or superintendent of streets shall not withhold any moneys or funds, assessment, partial assessment, any reassessment and any bonds which may be issued to represent any assessment or reassessment from the contractor on account of the claim. The sureties upon the bond shall be jointly and severally liable to the claimant with the sureties upon the contractor’s original labor and material bond posted by the contractor.