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 995.440
A bond given as a condition of a license or permit shall be continuous in form, remain in full force and effect, and run concurrently with the license or permit period and any and all renewals, or until cancellation or withdrawal of the surety from the bond.
Notes
Requires a bond given as a condition of a license or permit to be continuous in form, remain fully effective, and run concurrently with the original license or permit period and all renewals. The bond continues until cancellation or until the surety withdraws, rather than expiring automatically at the end of the initial term.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 995.440 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-14/chapter-2/article-4/section-995-440