California Code of Civil Procedure 995.630 – An admitted surety insurer shall be accepted or approved by the court …
An admitted surety insurer shall be accepted or approved by the court or officer as surety on a bond without further acknowledgment if the bond is executed in the name of the surety insurer under penalty of perjury or the fact of execution of the bond is duly acknowledged before an officer authorized to take and certify acknowledgments, and either one of the following conditions, at the option of the surety insurer, is satisfied:
(a) A copy of the transcript or record of the unrevoked appointment, power of attorney, bylaws, or other instrument, duly certified by the proper authority and attested by the seal of the insurer entitling or authorizing the person who executed the bond to do so for and in behalf of the insurer, is filed in the office of the clerk of the county in which the court or officer is located.
Terms Used In California Code of Civil Procedure 995.630
- County: includes "city and county. See California Code of Civil Procedure 17
- Person: includes a corporation as well as a natural person. See California Code of Civil Procedure 17
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
(b) A copy of a power of attorney is attached to the bond.
(Amended by Stats. 1992, Ch. 380, Sec. 1. Effective January 1, 1993.)