California Business and Professions Code ARTICLE 10 - Indemnity Bonds

  • Section 8697.
    Each company registered under the provisions of this chapter shall maintain a bond executed by an admitted surety insurer in the amount of twelve thousand...
  • Section 8697.2.
    The bonds required by this article shall be in favor of the State of California for the benefit of any person who, after entering into...
  • Section 8697.3.
    (a) If, after a hearing conducted in accordance with Chapter 5 (commencing with Section 11500) of Part 1 of Division 3 of Title 2 of the...
  • Section 8697.4.
    Upon failure of a licensee or registered company to maintain in full force and effect any bond required by this article the registrar shall issue...

Last modified: October 22, 2018