§ 1812.103
45 words·~1 min read·
/ca/civil-code/1812-103A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every discount buying organization shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of such bond shall be filed with the Secretary of State.