ARTICLE 4. Bonds

Article 4 added by Stats. 1980, Ch. 1190, Sec. 11.

§§ 14050–14054 · 5 sections

• § 14050 (a) A license shall not be issued under this chapter unless the applicant files with the commissioner a surety bond executed by a surety company authorized to…
• § 14051 The bond required by this article shall be taken in the name of the people of this state and every person injured by the willful, malicious, or wrongful act of…
• § 14052 (a) Every licensee who is required by this article to file a surety bond or a certificate of insurance shall at all times maintain on file the surety bond or…
• § 14053 In lieu of the surety bond required by this article there may be deposited with the State of California the sum of two thousand dollars ($2,000) in cash, or…
• § 14054 Bonds executed and filed with the commissioner pursuant to this article shall remain in force and effect until the surety has terminated future liability by…