California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 14 — Of Miscellaneous Provisions, Chapter 2 — Bonds and Undertakings, Article 7 — Deposit in Lieu of Bond, Section 995.770
A deposit given pursuant to this article shall be returned to the principal at the earliest of the following times:
(a) Upon substitution of a sufficient bond for the deposit. The bond shall be in full force and effect for all liabilities incurred, and for acts, omissions, or causes existing or which arose, during the period the deposit was in effect.
(b) The time provided by Section 995.360 for return of a bond.
(c) The time provided by statute for return of the deposit.
Notes
Requires a deposit given under the article to be returned to the principal at the earliest of three events: substitution of a sufficient bond, the bond-return time specified by the referenced provision, or the statutory time for returning the deposit. A substituted bond must cover liabilities and acts arising while the deposit was effective.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 995.770 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-14/chapter-2/article-7/section-995-770