California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 14 — Of Miscellaneous Provisions, Chapter 2 — Bonds and Undertakings, Article 4 — Approval and Effect, Section 995.430
A bond remains in force and effect until the earliest of the following events:
(a) The sureties withdraw from or cancel the bond or a new bond is given in place of the original bond.
(b) The purpose for which the bond was given is satisfied or the purpose is abandoned without any liability having been incurred.
(c) A judgment of liability on the bond that exhausts the amount of the bond is satisfied.
(d) The term of the bond expires. Unless the statute providing for the bond prescribes a fixed term, the bond is continuous.
Notes
Sets a bond to remain effective until the earliest of surety cancellation or withdrawal or replacement bond, satisfaction or liability-free abandonment of its purpose, satisfaction of a liability judgment exhausting the bond, or expiration of the bond term. Unless the governing statute fixes a term, the bond continues without a fixed expiration.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 995.430 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-14/chapter-2/article-4/section-995-430