BlackletterCalifornia law

Civil Code § 1812.103

TITLE 2.6. CONTRACTS FOR DISCOUNT BUYING SERVICES

Current as of September 28, 2026Civ. Code, § 1812.103Official source ↗

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

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.