California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 14 — Lien, Chapter 6.7 — Livestock Service Lien, Section 3080.11
The undertaking to be substituted for livestock shall be by the owner to pay to the lienholder an amount equal to the sum of (1) the fair market value of the livestock sought to be recovered, and (2) the costs to be incurred by the lienholder in order to assemble and turn over the livestock.
Notes
Requires an owner seeking to substitute an undertaking for liened livestock to promise payment to the lienholder equal to the livestock’s fair market value plus the lienholder’s costs of assembling and turning over the livestock. Both the market-value amount and those turnover costs are included in the undertaking.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 3080.11 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-14/chapter-6-7/section-3080-11