California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 14 — Of Miscellaneous Provisions, Chapter 2 — Bonds and Undertakings, Article 2 — General Provisions, Section 995.230
The beneficiary of a bond given in an action or proceeding may in writing consent to the bond in an amount less than the amount required by statute or may waive the bond.
Notes
Allows the beneficiary of a bond given in an action or proceeding to consent in writing to a bond amount lower than the amount otherwise required by statute, or to waive the bond altogether. The provision makes either reduction or waiver dependent on the beneficiary’s written consent rather than court approval stated here.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 995.230 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-14/chapter-2/article-2/section-995-230