California CodesBusiness and Professions Code - BPCDivision 3 — Professions and Vocations GenerallyChapter 14 — Structural Pest Control OperatorsArticle 10 — Indemnity BondsSection 8697

Each company registered under the provisions of this chapter shall maintain a bond executed by an admitted surety insurer in the amount of twelve thousand five hundred dollars ($12,500). Another method of deposit, including a certificate of deposit, or other undertaking shall not satisfy this requirement.

Notes

Requires every registered company to maintain a $12,500 bond executed by an admitted surety insurer. Prohibits satisfying this bonding requirement through another deposit method, including a certificate of deposit or other undertaking, making the specified surety bond the required form of security.

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Lexinter.net | California Code, Business and Professions Code - BPC § 8697 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-14/article-10/section-8697

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