California Civil Code
§ 1812.103
CIV § 1812.103 Effective Jan 1, 1997Div. 3 · Title 2.6 · Part 4
Statute text
View on leginfo.ca.govEvery discount buying organization shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of such bond shall be filed with the Secretary of State.
Legislative history
Amended by Stats. 1996, Ch. 633, Sec. 8. Effective January 1, 1997.