Liability of Principal and Sureties
Known as the Bond and Undertaking Law
The act spans §§ 995–996 (98 sections).
Added by Stats. 1982, Ch. 998, Sec. 1.
(a) The beneficiary may enforce the liability on a bond against both the principal and sureties.
(b) If the beneficiary is a class of persons, any person in the class may enforce the liability on a bond in the person’s own name, without assignment of the bond.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.