2013 California Code
Code of Civil Procedure - CCP
PART 2. OF CIVIL ACTIONS
TITLE 14. OF MISCELLANEOUS PROVISIONS
CHAPTER 2. Bonds and Undertakings
ARTICLE 1. Preliminary Provisions and Definitions
995.130
(a) Beneficiary means the person for whose benefit a bond is given, whether executed to, in favor of, in the name of, or payable to the person as an obligee.
(b) If a bond is given for the benefit of the State of California or the people of the state, beneficiary means the court, officer, or other person required to determine the sufficiency of the sureties or to approve the bond.
(c) For the purpose of application of this chapter to a bond given pursuant to any statute of this state, the terms beneficiary, obligee, and comparable terms used in the statute mean beneficiary as defined in this section.
(Added by Stats. 1982, Ch. 998, Sec. 1.)
Disclaimer: These codes may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
