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Cal. Business and Professions Code § 8697

Cal. Business and Professions Code § 8697

California · California Business and Professions Code · Status: effective · Effective 2014-01-01

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Cal. Business and Professions Code § 8697, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/776568
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Each company registered under the provisions of this chapter shall maintain a bond executed by an admitted surety insurer in the amount of twelve thousand five hundred dollars ($12,500). Another method of deposit, including a certificate of deposit, or other undertaking shall not satisfy this requirement.