Chapter 7. Undertakings - California Code of Civil Procedure Section 720.770

720.770.  Unless the parties otherwise agree, the hearing on an
objection to an undertaking shall be held not less than 10 nor more
than 15 days after service of the notice of motion. The court may
order the amount of the undertaking decreased below the amount
prescribed by Section 720.160 or 720.260 if the court determines the
amount prescribed exceeds the probable recovery of the beneficiary if
the beneficiary ultimately prevails in proceedings to enforce the
liability on the undertaking.

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Last modified: February 16, 2015