DIVISION 3. OBLIGATIONS 1427-3273.91›PART 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS 1738-3273.91›TITLE 2.6. CONTRACTS FOR DISCOUNT BUYING SERVICES 1812.100-1812.129

§ 1812.103

California Civil Code · 2026-09 edition · updated 2026-10-03 · California

Every discount buying organization shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of such bond shall be filed with the Secretary of State.

(Amended by Stats. 1996, Ch. 633, Sec. 8. Effective January 1, 1997.)

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California Civil Code

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