{"code":"LAB","codeName":"Labor Code","section":"406","citation":"Lab. Code, § 406","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. EMPLOYMENT REGULATION AND SUPERVISION [200. - 2699.8.]","url":"https://blackletter.si/labor-code/division-2"},{"name":"PART 1. COMPENSATION [200. - 452.]","url":"https://blackletter.si/labor-code/division-2/part-1"},{"name":"CHAPTER 3. Privileges and Perquisites [350. - 452.]","url":"https://blackletter.si/labor-code/division-2/part-1/chapter-3"},{"name":"ARTICLE 2. Bonds and Photographs [400. - 410.]","url":"https://blackletter.si/labor-code/division-2/part-1/chapter-3/article-2"}],"history":"Enacted by Stats. 1937, Ch. 90.","effective":null,"html":"<p>Any property put up by an employee, or applicant as a part of the contract of employment, directly or indirectly, shall be deemed to be put up as a bond and is subject to the provisions of this article whether the property is put up on a note or as a loan or an investment and regardless of the wording of the agreement under which it is put up.</p>","text":"Any property put up by an employee, or applicant as a part of the contract of employment, directly or indirectly, shall be deemed to be put up as a bond and is subject to the provisions of this article whether the property is put up on a note or as a loan or an investment and regardless of the wording of the agreement under which it is put up.","otherVersions":[],"url":"https://blackletter.si/labor-code/bonds-and-photographs-406","source":"California Legislative Information bulk export (pubinfo)"}