California Public Contract Code 10822 – Each bond shall be in a sum equal to at least one-half of the …
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Each bond shall be in a sum equal to at least one-half of the contract price, except as otherwise provided in § 9554 of the Civil Code.
(Amended by Stats. 2010, Ch. 697, Sec. 46. (SB 189) Effective January 1, 2011. Operative July 1, 2012, by Sec. 105 of Ch. 697.)
Terms Used In California Public Contract Code 10822
- Contract: A legal written agreement that becomes binding when signed.