Cal. Code Regs. tit. 10 § 2270

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2270 - Consideration or Premium to be Stated

In conformity with Attorney General's Opinion No. NS-3736, it is hereby ordered that all surety bonds issued by insurers in the State of California on or after October 1 1941, comply with the following conditions:

(a) Such bonds shall state the entire consideration or premium paid therefor.

(b) Such statement of consideration, if not contained in the text of the bond, shall be attached thereto by endorsement or stamped thereon prior to delivery of said bond.

Cal. Code Regs. Tit. 10, § 2270