DIVISION 4. GENERAL PROVISIONS 3274-9566›PART 6. WORKS OF IMPROVEMENT 8000-9566›TITLE 2. PRIVATE WORKS OF IMPROVEMENT 8160-8848›CHAPTER 7. Security for Large Project 8700-8730›ARTICLE 2. Security Requirement 8710-8716
§ 8710
California Civil Code · 2018-11 edition · updated 2026-10-04 · California
An owner described in subdivision (a) of Section 8700 shall provide the direct contractor all of the following:
(a) Security for the owner’s payment obligation pursuant to the contract. The security shall be used only if the owner defaults on the payment obligation to the direct contractor. This subdivision does not apply to an owner that is the majority owner of the direct contractor.
(b) A copy, certified by the county recorder, of any recorded mortgage or deed of trust that secures the construction loan of a lending institution for the work of improvement, disclosing the amount of the loan.
(Added by Stats. 2010, Ch. 697, Sec. 20. (SB 189) Effective January 1, 2011. Operative July 1, 2012, by Sec. 105 of Ch. 697 and by Section 8052.)
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