California · Through 2026-09-13

FIN § 12213

Where this section sits in the code

Financial Code - FIN
DIVISION 3. CHECK SELLERS, BILL PAYERS, AND PRORATERS [12000. - 12404.]
CHAPTER 3. Licensing [12200. - 12225.]

When an action is commenced on the bond of a licensee the commissioner may require the filing of a new bond, and immediately upon the recovery of any action on the bond the licensee shall file a new bond. Failure to file a new bond within 10 days of the recovery on a bond, or within 10 days after notification that a bond is required, constitutes sufficient grounds for the suspension or revocation of a license.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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