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TITLE 7. PLANNING AND LAND USE [65000 - 66499.58]›DIVISION 2. SUBDIVISIONS [66410 - 66499.41]›CHAPTER 5. Improvement Security [66499 - 66499.10]›§ 66499

§ 66499.10

Government Code §§ 66410–66499.58 — Subdivision Map Act · 2026 edition · updated 2026-07-29 · California

66499.10. Where the security is conditioned upon the payment to the contractor, his subcontractors and to persons furnishing labor, materials or equipment to them for the improvement of the performance of an act and takes the form of a deposit of money or negotiable bonds, a suit to recover the amount due the claimant may be maintained against the holder of such deposit. Where the security takes the form of a surety bond, or surety bonds, the right of recovery shall be in a suit against the surety. Where the security takes the form of an instrument of credit, the cause of action shall be against the financial institution obligating itself on such instrument of credit.

(Added by Stats. 1974, Ch. 1536.)

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▸ Contents — Government Code §§ 66410–66499.58 — Subdivision Map Act
Government Code §§ 66410–66499.58 — Subdivision Map Act
  1. Government Code §§ 66410–66499.58 — Subdivision Map Act
  2. ▸ TITLE 7. PLANNING AND LAND USE [65000 - 66499.58]
    Overview
    1. ▸ DIVISION 2. SUBDIVISIONS [66410 - 66499.41]
      Overview
      1. CHAPTER 1. General Provisions and Definitions [66410 - 66424.6]
      2. CHAPTER 2. Maps [66425 - 66450]
      3. CHAPTER 3. Procedure [66451 - 66472.1]
      4. CHAPTER 4. Requirements [66473 - 66498]
      5. CHAPTER 4.5. Development Rights [66498.1 - 66498.9]
      6. ▸ CHAPTER 5. Improvement Security [66499 - 66499.10]
        Overview
        1. ▸ § 66499
          Overview
          1. § 66499.1
          2. § 66499.2
          3. § 66499.3
          4. § 66499.4
          5. § 66499.5
          6. § 66499.6
          7. § 66499.7
          8. § 66499.8
          9. § 66499.9
          10. § 66499.10
      7. CHAPTER 6. Reversions and Exclusions [66499.11 - 66499.29]
      8. CHAPTER 7. Enforcement and Judicial Review [66499.30 - 66499.38]
      9. CHAPTER 8. The Starter Home Revitalization Act of 2021 [66499.…

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