California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 14 — Of Miscellaneous Provisions, Chapter 2 — Bonds and Undertakings, Article 3 — Execution and Filing, Section 995.320
(a) A bond shall be in writing signed by the sureties under oath and shall include all of the following:
(1) A statement that the sureties are jointly and severally liable on the obligations of the statute providing for the bond.
(2) The address at which the principal and sureties may be served with notices, papers, and other documents under this chapter.
(3) If the amount of the bond is based upon the value of property or an interest in property, a description of the property or interest, and the principal’s estimate of the value of the property or interest, or if given pursuant to the estimate of the beneficiary or court, the value as so estimated.
(b) The sureties signing the bond are jointly and severally liable on the obligations of the bond, the provisions of this chapter, and the statute providing for the bond.
Notes
Requires a bond to be written and signed under oath by the sureties, stating joint and several liability, service addresses, and, when bond amount depends on property value, the property description and applicable value estimate. Establishes that signing sureties are jointly and severally liable under the bond, chapter, and governing statute.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 995.320 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-14/chapter-2/article-3/section-995-320