California § 8604 - If a lending institution requires that a payment bond be given as a condition of
Full text of California Public Contract Code - PCC § 8604 — If a lending institution requires that a payment bond be given as a condition of, with citation guidance and answers to common questions.
§ 8604. If a lending institution requires that a payment bond be given as a condition of
(a) If a lending institution requires that a payment bond be given as a condition of lending money to finance a work of improvement, and accepts in writing as sufficient a bond given in fulfillment of the requirement, the lending institution may not thereafter object to the borrower as to the validity of the bond or refuse to make the loan based on an objection to the bond if the bond is given by an admitted surety insurer. (b) For purposes of this section, a âlending institutionâ includes a commercial bank, savings and loan institution, credit union, or other organization or person engaged in the business of financing loans.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8604
What does Public Contract Code - PCC § 8604 cover?
Section 8604 ("If a lending institution requires that a payment bond be given as a condition of") 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 § 8604?
A common citation format is "Public Contract Code - PCC § 8604" (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 § 8604 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.