There is a newer version of the California Code
2012 California Codes
CIV - Civil Code
DIVISION 3 - OBLIGATIONS [1427 - 3272.9]
PART 4 - OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS
TITLE 2.6 - CONTRACTS FOR DISCOUNT BUYING SERVICES
Section 1812.103
CA Civ Code § 1812.103 (through 2013 Leg Sess) What's This?
Every discount buying organization shall maintain a bond issued by a surety company admitted to do business in this state. The principal sum of the bond shall be twenty thousand dollars ($20,000). A copy of such bond shall be filed with the Secretary of State.
(Amended by Stats. 1996, Ch. 633, Sec. 8. Effective January 1, 1997.)
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