California Law (Last Updated: March 4, 2014) |
Public Contract Code - PCC |
Division 2. GENERAL PROVISIONS |
Part 2. CONTRACTING BY STATE AGENCIES |
Chapter 2.5. California State University Contract Law |
ARTICLE 7. Contract Requirements |
Section 10822.
Latest version.
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Each bond shall be in a sum equal to at least one-half of the contract price, except as otherwise provided in Section 9554 of the Civil Code.
(Amended by Stats. 2010, Ch. 697, Sec. 46. Effective January 1, 2011. Operative July 1, 2012, by Sec. 105 of Ch. 697.)