California Public Contract Code 10825 – 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 an order by the trustees that a sufficient surety be substituted on the bond, or that a new, additional, or supplemental bond be given, is satisfied.
(Added by Stats. 1984, Ch. 1128, Sec. 4.)
Terms Used In California Public Contract Code 10825
- Contract: A legal written agreement that becomes binding when signed.
- Trustees: means the Trustees of the California State University and their designees. See California Public Contract Code 10701