Preliminary Provisions and Definitions
Known as the Bond and Undertaking Law
The act spans §§ 995–996 (98 sections).
Added by Stats. 1982, Ch. 998, Sec. 1.
(a) “Principal” means the person who gives a bond.
(b) For the purpose of application of this chapter to a bond given pursuant to any statute of this state, the terms “obligor,” “principal,” and comparable terms used in the statute mean “principal” as defined in this section.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.