CA Food & Agric Code Section 11932


For the purposes of this article:

(a)

A judgment is satisfied when twenty-five thousand dollars ($25,000) has been credited upon any judgment in excess of that amount which arises out of any one accident or occurrence.

(b)

A deposit of bond or other obligation for the payment of which the full faith and credit of the United States or of this state is pledged is considered a deposit of money.
Last Updated

Aug. 19, 2023

§ 11932’s source at ca​.gov