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Cal. Lab. Code § 403

Bonds and Photographs

Applied in 2 court decisions — leading case 57 Cal. 2d 319 - Kerr's Catering Service v. Department of Industrial Relations (1962)

Most recently applied in 57 Cal. 2d 319 - Kerr's Catering Service v. Department of Industrial Relations (February 1962)

Enacted by Stats. 1937, Ch. 90.

If cash is received as a bond it shall be deposited in a savings account in a bank authorized to do business in this State, and may be withdrawn only upon the joint signatures of the employer and the employee or applicant.

Cash put up as a bond shall be accompanied by an agreement in writing made by the employer and employee or applicant, setting forth the conditions under which the bond is given.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.