California Health and Safety Code

§ 5018

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

HSC § 5018Div. 5 · Part 3 · Ch. 5 · Art. 5

Statute text

View on leginfo.ca.gov

Each contractor shall, at the time of entering into the contract, execute a surety bond to the satisfaction and approval of the governing body in a sum not less than twenty-five per cent of the amount of the contract, conditioned upon its faithful performance.

Legislative history

Enacted by Stats. 1939, Ch. 60.