California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 2.6 — Contracts for Discount Buying Services, Section 1812.104
The bond required by Section 1812.103 shall be in favor of the State of California for the benefit of any person who is damaged by any violation of this title or by fraud or dishonesty or failure to provide the services of the discount buying organization in performance of the contract. The surety shall be liable only for the actual damages plus restitution and not the treble damages permitted under subdivision (a) of Section 1812.123.
Notes
Requires the discount-buying-organization bond to favor the State of California for persons damaged by violations, fraud, dishonesty, or failure to provide contracted services. Limits the surety's liability to actual damages plus restitution and expressly excludes the treble damages otherwise permitted under the referenced remedy provision.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1812.104 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-2-6/section-1812-104