ARTICLE 5. Financial Requirements [22389. - 22391.1.]

Article 5 added by Stats. 1975, Ch. 967.

§§ 22389–22391.1 · 4 sections

• § 22389 Every invention developer rendering or offering to render invention development services in this state shall maintain a bond issued by a surety company…
• § 22390 The bond required by Section 22389 shall be in favor of the State of California for the benefit of any person who, after entering into a contract for invention…
• § 22391 (a) When a deposit has been made in lieu of a bond pursuant to Section 995.710 of the Code of Civil Procedure, the person asserting a claim against the deposit…
• § 22391.1 (a) The Secretary of State shall enforce the provisions of this title that govern the filing and maintenance of bonds and deposits in lieu of bonds. (b) The…