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Earlier editions: 2020-112018-112026-09

PART 2. OF CIVIL ACTIONS 307-1062.34›TITLE 14. OF MISCELLANEOUS PROVISIONS 989-1062.34›CHAPTER 2. Bonds and Undertakings 995.010-996.560›ARTICLE 9. Objections to Bonds 995.910-995.960

§ 995.940

California Code of Civil Procedure · 2026-10 edition · updated 2026-10-04 · California

If a ground for the objection is that the value of property or an interest in property on which the amount of the bond is based exceeds the value estimated in the bond:

(a) The objection shall state the beneficiary’s estimate of the market value of the property or interest in property.

(b) The principal may accept the beneficiary’s estimate of the market value of the property or interest in property and immediately file an increased bond based on the estimate. In such case, no hearing shall be held on that ground for the objection, and the beneficiary is bound by the estimate of the market value of the property or interest in property.

(Added by Stats. 1982, Ch. 998, Sec. 1.)

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California Code of Civil Procedure

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