California Labor Code

§ 2055

LAB § 2055 Effective Jan 1, 2015Div. 2 · Part 8.5 · Ch. 2

Statute text

The commissioner shall not permit any employer to register, or to renew registration, until all of the following conditions are satisfied:

(a)The employer has applied for registration to the commissioner by presenting proof of compliance with the local government’s business licensing or regional regulatory requirements.

(b)The employer has obtained a surety bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall not be less than one hundred fifty thousand dollars ($150,000). The employer shall file a copy of the bond with the commissioner.

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Legislative history

Amended by Stats. 2014, Ch. 71, Sec. 110. (SB 1304) Effective January 1, 2015.