California Code of Civil Procedure 995.610 – (a) If a statute provides for a bond with any number of …
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(a) If a statute provides for a bond with any number of sureties, one sufficient admitted surety insurer may become and shall be accepted as sole surety on the bond.
(b) The admitted surety insurer is subject to all the liabilities and entitled to all the rights of personal sureties.
Terms Used In California Code of Civil Procedure 995.610
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Statute: A law passed by a legislature.
(Added by Stats. 1982, Ch. 998, Sec. 1.)