A deposit given instead of a bond has the same force and effect, is treated the same, and is subject to the same conditions, liability, and statutory provisions, including provisions for increase and decrease of amount, as the bond.
Cal. Civ. Proc. Code § 995.730
Deposit in Lieu of Bond
Known as the Bond and Undertaking Law
The act spans §§ 995–996 (98 sections).
Added by Stats. 1982, Ch. 998, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.