California Public Contract Code 10225 – No payment shall be made upon the contract to the contractor or any …
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No payment shall be made upon the contract to the contractor or any assignee of the contractor until any order by the director that a sufficient surety be substituted on the bond or that a new, additional, or supplemental bond be given, is satisfied. No cancellation of or withdrawal of a surety from a bond is effective unless approved by the director.
(Amended by Stats. 1982, Ch. 517, Sec. 348.5.)
Terms Used In California Public Contract Code 10225
- Contract: A legal written agreement that becomes binding when signed.