(a) âBondâ includes both of the following: (1) A surety, indemnity, fiduciary, or like bond executed by both the principal and sureties. (2) A surety, indemnity, fiduciary, or like undertaking executed by the sureties alone. (b) A bond provided for or given âin an action or proceedingâ does not include a bond provided for, or given as, a condition of a license or permit.
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.