There is a newer version of the California Code
2007 California Code of Civil Procedure Article 4. Approval And Effect
CA Codes (ccp:995.410-995.440)
CODE OF CIVIL PROCEDURESECTION 995.410-995.440
995.410. (a) A bond becomes effective without approval unless the statute providing for the bond requires that the bond be approved by the court or officer. (b) If the statute providing for a bond requires that the bond be approved, the court or officer may approve or disapprove the bond on the basis of the affidavit or certificate of the sureties or may require the attendance of witnesses and the production of evidence and may examine the sureties under oath touching their qualifications. (c) Nothing shall be construed to preclude approval of a bond in an amount greater than that required by statute. 995.420. (a) Unless the statute providing for a bond provides that the bond becomes effective at a different time, a bond is effective at the time it is given or, if the statute requires that the bond be approved, at the time it is approved. (b) If the statute providing for a bond provides that the bond becomes effective at a time other than the time it is given or approved, the bond is effective at the time provided unless an objection is made to the bond before that time. If an objection is made to a bond before the time provided, the bond becomes effective when the court makes an order determining the sufficiency of the bond. 995.430. A bond remains in force and effect until the earliest of the following events: (a) The sureties withdraw from or cancel the bond or a new bond is given in place of the original bond. (b) The purpose for which the bond was given is satisfied or the purpose is abandoned without any liability having been incurred. (c) A judgment of liability on the bond that exhausts the amount of the bond is satisfied. (d) The term of the bond expires. Unless the statute providing for the bond prescribes a fixed term, the bond is continuous. 995.440. A bond given as a condition of a license or permit shall be continuous in form, remain in full force and effect, and run concurrently with the license or permit period and any and all renewals, or until cancellation or withdrawal of the surety from the bond.
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