California Code of Civil Procedure

§ 996.340

CCP § 996.340 Effective Apr 21, 1983Title 14 · Part 2 · Ch. 2 · Art. 13

Statute text

(a)If the principal does not give a new bond within 30 days after notice of cancellation or withdrawal is given, all rights obtained by giving the original bond immediately cease, any office for which the bond is given is vacant, any commission for which the bond is given is revoked, and any license or registration for which the bond is given is suspended.

(b)A person whose license or registration is suspended shall not operate or carry on business pursuant to the license or registration during the period of suspension. A license or registration that is suspended may be revived only by the giving of a new bond during the license or registration period in which the cancellation or withdrawal occurred.

Legislative history

Amended by Stats. 1983, Ch. 18, Sec. 19. Effective April 21, 1983.