Cal. Civ. Code § 1812.103

Current through the 2023 Legislative Session.
Section 1812.103 - Bond required

Every discount buying organization shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of such bond shall be filed with the Secretary of State.

Ca. Civ. Code § 1812.103

Amended by Stats. 1996, Ch. 633, Sec. 8. Effective January 1, 1997.