California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 9 — Enforcement of Judgments, Division 4 — Third-party Claims and Related Procedures, Chapter 7 — Undertakings, Section 720.770
Unless the parties otherwise agree, the hearing on an objection to an undertaking shall be held not less than 10 nor more than 15 days after service of the notice of motion. The court may order the amount of the undertaking decreased below the amount prescribed by Section 720.160 or 720.260 if the court determines the amount prescribed exceeds the probable recovery of the beneficiary if the beneficiary ultimately prevails in proceedings to enforce the liability on the undertaking.
Notes
Sets a hearing on an objection to an undertaking for no earlier than 10 and no later than 15 days after service of the motion notice, unless the parties agree otherwise. The court may reduce the undertaking below the prescribed amount if that amount exceeds the beneficiary’s probable recovery should the beneficiary ultimately prevail in enforcing the undertaking.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 720.770 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-9/division-4/chapter-7/section-720-770