California Business and Professions Code

§ 6405

BPC § 6405 Effective Jan 1, 2016Div. 3 · Ch. 5.5 · Art. 2

Statute text

(a)(1) An application for a certificate of registration by an individual shall be accompanied by a bond of twenty-five thousand dollars ($25,000) executed by a corporate surety qualified to do business in this state and conditioned upon compliance with this chapter. The total aggregate liability on the bond shall be limited to twenty-five thousand dollars ($25,000).

(2)An application for a certificate of registration by a partnership or corporation shall be accompanied by a bond executed by a corporate surety qualified to do business in this state and conditioned upon compliance with this chapter in the following amount, based on the total number of legal document assistants and unlawful detainer assistants employed by the partnership or corporation:

(A)Twenty-five thousand dollars ($25,000) for one to four assistants.

…

Legislative history

Amended by Stats. 2015, Ch. 295, Sec. 7. (AB 285) Effective January 1, 2016. Repealed as of January 1, 2030, pursuant to Section 6401.7.