California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 14 — Of Miscellaneous Provisions, Chapter 2 — Bonds and Undertakings, Article 6 — Admitted Surety Insurers, Section 995.620

Two or more admitted surety insurers may be sureties on a bond by executing the same or separate bonds for amounts aggregating the required amount of the bond. Each admitted surety insurer is jointly and severally liable to the extent of the amount of the liability assumed by it.

Notes

Allows two or more admitted surety insurers to serve as sureties on a bond by executing the same bond or separate bonds whose amounts together equal the required bond amount. Each insurer is jointly and severally liable, but only up to the amount of liability that particular insurer assumed.

Use as reference

Lexinter.net | California Code, Code of Civil Procedure - CCP § 995.620 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-14/chapter-2/article-6/section-995-620

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