Cal. Health & Saf. Code § 5020

Current through the 2023 Legislative Session.
Section 5020 - Surety bond for payment of materials, provisions, etc

At the time of entering into the contract the contractor shall execute, deliver, and file with the governing body a good and sufficient surety bond, in a sum not less than one-half the total amount payable by the terms of the contract, conditioned upon the payment by the contractor or his subcontractors, for any and all materials, provisions, provender, other supplies, or teams, or the use of implements or machinery used in, upon, or about the performance of the work.

Ca. Health and Saf. Code § 5020

Enacted by Stats. 1939, Ch. 60.