The attorney’s bond may be sued upon in one and the same action either by any subscriber or any number of subscribers suffering loss through a violation of its conditions or by the receiver or trustee in liquidation of the exchange. Liability thereunder may be enforced by any one or more of such parties.
Cal. Ins. Code § 1327
Filing of Documents
Applied in 1 court decision — leading case Java v. California Department of Human Resources Development (1970)
Most recently applied in Java v. California Department of Human Resources Development (October 1970)
Enacted by Stats. 1935, Ch. 145.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.