California § 11402 - The amount of the bond required by subdivision (e) of Section 11401 for the issua

Full text of California Public Contract Code - PCC § 11402 — The amount of the bond required by subdivision (e) of Section 11401 for the issua, with citation guidance and answers to common questions.

§ 11402. The amount of the bond required by subdivision (e) of Section 11401 for the issua

(a) The amount of the bond required by subdivision (e) of Section 11401 for the issuance of a registration service license, or for the renewal of such a license is twenty-five thousand dollars ($25,000). Liability under the bond shall remain at that amount. (b) If the amount of the liability under the bond is decreased, or there is outstanding a final court judgment arising out of a violation of any provision of this code for which the registration service is liable, the license of the registration service shall be automatically suspended. In order to reinstate the license, the registration service shall either file an additional bond or restore the bond on file to the original amount, or shall satisfy the outstanding judgment for which the registration service and surety are liable. (c) The bond shall remain in effect for three years after cessation of business of the registration service.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 11402

What does Public Contract Code - PCC § 11402 cover?

Section 11402 ("The amount of the bond required by subdivision (e) of Section 11401 for the issua") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 11402?

A common citation format is "Public Contract Code - PCC § 11402" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 11402 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.