California Law (Last Updated: March 4, 2014) |
Code of Civil Procedure - CCP |
Part 2. OF CIVIL ACTIONS |
Title 14. OF MISCELLANEOUS PROVISIONS |
Chapter 2. Bonds and Undertakings |
ARTICLE 6. Admitted Surety Insurers |
Section 995.620.
Latest version.
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Two or more admitted surety insurers may be sureties on a bond by executing the same or separate bonds for amounts aggregating the required amount of the bond. Each admitted surety insurer is jointly and severally liable to the extent of the amount of the liability assumed by it.
(Added by Stats. 1982, Ch. 998, Sec. 1.)