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Each licensed employment agency shall give and keep in force a bond with the Director of Labor on the penal sum of Five Thousand Dollars ($5,000.00) with good and sufficient surety or sureties approved by the Director, conditioned:

(a) That the licensee shall not violate the Chapter;

(b) That the licensee shall faithfully, promptly and truly refund all fees illegally or incorrectly obtained from applicant to the Director.

SOURCE: GC § 48304.