§ 5018
44 words·~1 min read·
/ca/health-and-safety-code/5018A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each contractor shall, at the time of entering into the contract, execute a surety bond to the satisfaction and approval of the governing body in a sum not less than twenty-five per cent of the amount of the contract, conditioned upon its faithful performance.