Civil Code section 1812.103

Every 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.

Source: Section 1812.103, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CIV§ionNum=1812.103. (accessed Apr. 24, 2025).

Last Updated

Apr. 24, 2025

§ 1812.103’s source at ca.gov

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Location: https://california.public.law/codes/civil_code_section_1812.103

Original Source: Section 1812.103, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CIV§ionNum=1812.103. (last accessed Apr. 24, 2025).