California Government Code 50513 – If the petition requires the making of improvements upon the property …
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If the petition requires the making of improvements upon the property and the payment of rentals in products from the land, royalties, or commissions, the bidder shall furnish with the bid a bond in the amount fixed by the legislative body and conditioned for the faithful performance of the obligations assumed by the bidder.
(Amended by Stats. 1982, Ch. 517, Sec. 256.)
Terms Used In California Government Code 50513
- Legislative body: as used in this division , means board of supervisors in the case of a county or city and county, and city council or board of trustees in the case of a city, unless the context otherwise requires. See California Government Code 50002