California Code of Civil Procedure

§ 996.460

CCP § 996.460Title 14 · Part 2 · Ch. 2 · Art. 14

Statute text

(a)Notwithstanding Section 2845 of the Civil Code, a judgment of liability on a bond shall be in favor of the beneficiary and against the principal and sureties and shall obligate each of them jointly and severally.

(b)The judgment shall be in an amount determined by the court.

(c)A judgment that does not exhaust the full amount of the bond decreases the amount of the bond but does not discharge the bond. The liability on the bond may be enforced thereafter from time to time until the amount of the bond is exhausted.

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Legislative history

Added by Stats. 1982, Ch. 998, Sec. 1.