California § 3150 - Unless the court for good cause dispenses with the bond, the court shall require
Full text of California Public Contract Code - PCC § 3150 — Unless the court for good cause dispenses with the bond, the court shall require, with citation guidance and answers to common questions.
§ 3150. Unless the court for good cause dispenses with the bond, the court shall require
(a) Unless the court for good cause dispenses with the bond, the court shall require the petitioner to give a bond, in the amount fixed by the court, conditioned on the duty of the petitioner to account for and apply the proceeds of the transaction to be received by the petitioner only as the court may by order direct. (b) Unless the court for good cause fixes the amount of the bond in a lesser amount, if given by an admitted surety insurer, the bond shall be in an amount not less than the value of the personal property (including cash and any notes) to be received by the petitioner, as determined by the court. (c) If the sureties on the bond are personal sureties, the bond shall be approved by the court and shall be for twice the amount required for a bond given by an admitted surety insurer. (d) Section 2328 is applicable to the bond of the petitioner under this chapter.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3150
What does Public Contract Code - PCC § 3150 cover?
Section 3150 ("Unless the court for good cause dispenses with the bond, the court shall require") 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 § 3150?
A common citation format is "Public Contract Code - PCC § 3150" (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 § 3150 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.